The IMF Executive Board has given final approval to a “Stand-By Arrangement,” to bolster the economy of BiH, that could supply as much as €405.3 million over two years.
“The Board’s decision enables the initial disbursement of SDR 50.73 million (about €60.8 million or US$78.1 million), with the remaining amount to be phased in over the duration of the arrangement, subject to successful completion of quarterly reviews.”
Read more here.
