IMF mission arrives today in Bosnia and Herzegovina to conduct discussions as part of the fourth review of the Stand–by Arrangement, was confirmed by the agency Anatolia from the Office of the IMF in B&H.
The mission led by Ron van Rooden from today until 19th September will conduct discussions with representatives of the state and entity governments, whose outcome will indicate the approval of a new round of credit for B&H in the amount of 48.1 million euros, or 94.1 million KM.
Money that they will get from the stand-by arrangement with the IMF, B&H entities, Federation of Bosnia and Herzegovina and RS will share in the ratio of two to one, and is mainly directed to help overcome the deficit in the entity budgets.
The current stand-by arrangement between the IMF and B&H was concluded on 26th September 2012 as the support to the economic program of the government for the period of 2012-2014 in total amount of $ 385 million or 752.9 million KM.
(Source: klix.ba)
