The International Monetary Fund completed yesterday its second assessment of BiH’s economic performance, in accordance with the terms of the Stand-By Arrangement signed by the IMF and BiH last year. This will be the second tranche of IMF money to be disbursed under the agreement.
IMF Executive Board Acting Chair Ms. Minouche Shafik, said, “BiH’s continued good progress under the program is testament to the authorities’ commitment to prudent policies amid a very challenging domestic and external environment. Fiscal consolidation remains on track, while sound financial sector policies are mitigating risks. The Fund-supported program continues to provide a valuable anchor for the authorities’ economic policies.”
