IMF With RS Ministry of Finance on Sixth Review of Stand-By Arrangement

The International Monetary Fund Arrangement, led by head of the Mission to B&H Ron van Rooden and the Residential Representative in B&H Ruben Atoyan, discussions began with representatives of the Ministry of Finance of the RS as part of the sixth review that arose from the commitments undertaken by the stand-by arrangement with this financial institution.

Representatives of the Ministry presented to the IMF delegation measures of economic policies, and spoke to them about the state of finance, with a special emphasis on the upcoming activities in connection with the set of laws that should contribute to a higher rate of economic growth this year, announced the RS Ministry of Finance.

The IMF made the 2012 stand-by arrangement with B&H, under the conditions defined in the letter of intent, which complies with addition consultations that arise from each review, and it is up to the RS and the FB&H to work on its implementation.

The final discussions of the IMF and RS Ministry of Finance are planned for Friday, 21 February.

(Source: Fena)