Andrew Jewell, the IMF’s Resident Representative in BiH, said Wednesday that the country’s banking sector plays a crucial role in helping the economy overcome and recover the coronavirus crisis.
He said the IMF fully supported the moratorium on the loan payment for businesses and individuals who were left with no income and that it encourages the banks to continue their active participation in such programmes initiated by banking agencies of Bosnia’s both semi-autonomous regions, the Federation and Republika Srpska.
But, he stressed, the Fund’s executive board strongly objected the absolute moratorium that would be applied on all debtors regardless of their financial situation.
