The IMF said it has approved doubling its pledge of emergency financing to BiH for coronavirus crisis to 330 million euro ($360 million), but warned that before the funding can be approved, BiH’s Entities must first agree on how to allocate it.
Earlier this week, local media cited the member of Bosnia’s tri-partite presidency representing Bosnian Serbs, Milorad Dodik, as saying that the two entities have not yet reached an accord on how to distribute the IMF funding. Dodik has expressed hope such an agreement will be reached in the coming days, adding that within the Federation itself there is still no agreement on how to divide the funding among its ten cantons.
