The Council of Ministers said in statement that the IMF is is expected to double its pledge of emergency financing to BiH for the coronavirus crisis to 330 million euro.
The amount of 330 million euro, equal to 100% of Bosnia’s IMF quota, will be extended via the Fund’s Rapid Financing Instrument (RFI), the Council of Ministers said in a statement on Friday, after its chairman Zoran Tegeltija held a video conference with the head of the IMF mission to Bosnia, Martin Petri, and the IMF resident representative, Andrew Jewell.
The IMF board of directors will make a decision on increasing the amount on April 6, the statement reads.
