Press Release: Statement by the IMF Mission to Bosnia and Herzegovina

November 21, 2012

Press Release No.12/455
November 21, 2012

An IMF mission, led by Mr. Ron van Rooden, visited Sarajevo and Banja Luka during November 7-20, 2012, to discuss recent economic developments and policies for the first review under Bosnia and Herzegovina’s Stand-By Arrangement (SBA). At the conclusion of the visit, Mr. van Rooden issued the following statement:

“The mission made significant progress, and reached understandings on the government budgets for 2013 and the structural reforms aimed at strengthening public finances, preserving financial stability, and improving the business environment. The mission expects to resolve outstanding issues in the coming days, which would pave the way for consideration of the first review of the SBA by the IMF Executive Board before year-end.”


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