IMF in B&H Will Work on Continuation of Stand-By Arrangement From 4 September

The IMF Mission led by Ron van Rooden will be in B&H from 4-19 September in order to conduct talks as part of the fourth review of the stand-by arrangement, announced Ruben Atoyan, the Resident Representative of the International Monetary Fund in B&H.

The stand-by arrangement was approved on 26 September 2012 to support the economic program of the government for the period 2012-2014 and allocated around 385 euros/752,9 million KM.

IMF concluded the third review of the stand-by arrangement on 28 June of this year and so far under the program has allocated around 192,5 million euros/376,5 million KM.

With the conclusion of the fourth review, around 48,1 million euros/94,1 million KM will be available, according to the IMF.

(Source: Fena)