BiH CoM reaches an agreement on the allocation of IMF funds

SARAJEVO, June 2 (FENA) - The proposal of the decision on the allocation of funds from the International Monetary Fund's (IMF) Rapid Financing Instrument (RFI) was unanimously adopted at today's session of the BiH Council of Ministers, the BiH Finance and Treasury Minister Vjekoslav Bevanda told reporters after the session.

Bevanda said that the Ministry of Finance and Treasury will allocate funds from the Rapid Financing Instrument, in accordance with the decision of the Fiscal Council of BiH, the signed Letter of Intent and Memorandum of Understanding in the following proportions - 61.5 percent for the Federation of BiH, 37.5 percent for the Republika Srpska and one percent for the Brčko District of BiH.

(FENA) S. R.

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