Home Economy IMF and the Ministry of Finances on sixth review of Stand-By Arrangement

IMF and the Ministry of Finances on sixth review of Stand-By Arrangement

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IMF

Head of the IMF Mission to B&H Ron van Rooden and the Residential Representative in B&H Ruben Atoyan met with representatives of the Ministry of Finances of Republika Srpska 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, 21st of February.

 

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