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Sarajevo Times > Blog > BUSINESS > New IMF Tranche of 35.8 Million Dollars
BUSINESS

New IMF Tranche of 35.8 Million Dollars

Published: February 28, 2013
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The Board of the International Monetary Fund (IMF) will discuss the approval by the end of March of a new tranche from a stand-by arrangement with BiH, whose worth is 35.8 million dollars. The funds will be transferred to the entity budget through the BiH Central Bank, said the Chairman of the Fiscal Council Vjekoslav Bevanda.

At a conference for journalists after the session of the Fiscal Council, Bevanda said that based on the quarterly review of the stand-by arrangement, the supplementary letter of intent is defined, which was agreed at all levels and accepted by the IMF>

“With the delivery and signing of the agreed supplementary letter, conditions for withdrawal of the new tranche are created from the stand-by arrangement with the IMF”, said Bevanda.

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