IMF in B&H Will Work on Continuation of Stand-By Arrangement From 4 September
Published on August 21, 2013 12:24 pm
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 Sarajevo Times
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