prijava
SARAJEVO, September 17 (FENA) - Deputy Chairman of the Council of Ministers of BiH and Minister of Finance and Treasury Vjekoslav Bevanda received today in an inaugural visit the newly appointed Resident Representative of the International Monetary Fund (IMF) in BiH, Andrew Jewel, to discuss future cooperation.
Bevanda welcomed Jewel and pledged support in his future work at his new post which he assumed in August from former IMF Resident Representative Francisco Parodi.
They agreed that the formation of the government remains a priority topic in BiH, although almost a year has passed since the general elections, and it was reiterated that concrete cooperation with the IMF awaits a new government.
Bevanda informed Jewel that the Council of Ministers has so far adopted three quarterly interim financing decisions and that the budget for this year has been forwarded to the BiH Parliamentary Assembly after it was adopted by the BiH Presidency by a majority vote in August.
Speaking about the shortcomings of interim financing that hinders capital investments, Bevanda said that the best solution would be for the 2019 budget to be adopted by the BiH Parliamentary Assembly as soon as possible.
The two agreed that talks on future cooperation would be much more concrete after the BiH government formation process has been completed in order to decide on new projects in full capacity.
So far, under the extended fund facility between BiH and the IMF, two tranches of around 150 million KM per tranche have been paid into the entity's accounts, with the total value of the loan program amounting to about 1.1 billion KM, but the program was discontinued in 2018, stated the BiH Ministry of Finance and Treasury.
(FENA) S. R.
