Post Tagged with: "#IMF"

COVID-19 Crisis is inflicting the most Pain on those who are already most vulnerable

June 12, 2020 2:45 PM
COVID-19 Crisis is inflicting the most Pain on those who are already most vulnerable

  The COVID-19 crisis is inflicting the most pain on those who are already most vulnerable. This calamity could lead to a significant rise in income inequality. And it could jeopardize development gains, from educational attainment to poverty reduction. New estimates suggest that up to 100 million people worldwide could be […]

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How International Trade is affected by the COVID-19 Pandemic?

June 7, 2020 3:00 PM
How International Trade is affected by the COVID-19 Pandemic?

  With the current fast-changing developments, policymakers need to know what is happening to the economy in real-time, but they often must settle for data telling them what happened many weeks ago. And international trade, which links countries through a complex web of supply chains, is an area where timely information […]

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IMF Managing Director: 170 Countries will finish this Year with a smaller Economy

June 5, 2020 4:45 PM
IMF Managing Director: 170 Countries will finish this Year with a smaller Economy

  “One hundred and seventy countries are going to finish this year with a smaller economy than at the start of the year, and we already project that there will be more debt, bigger deficits, and more unemployment,” said Managing Director Kristalina Georgieva this week to 225,000 live participants of […]

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330 Million Euros from IMF will be used for Health Sector and Financing of Economic Stabilization Measures

9:30 AM
330 Million Euros from IMF will be used for Health Sector and Financing of Economic Stabilization Measures

      The Central Bank of Bosnia and Herzegovina (CBBH) received the Decision of the Council of Ministers of Bosnia and Herzegovina on the allocation of funds of the Rapid Financing Instruments (RFI) from the International Monetary Fund (IMF). This created the conditions for the distribution and remittance of […]

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330 million Euros of International Monetary Fund to be on Accounts of Entities Tomorrow

June 3, 2020 12:30 PM
330 million Euros of International Monetary Fund to be on Accounts of Entities Tomorrow

The International Monetary Fund’s money in the amount of 330 million euros can be in the accounts of the entities tomorrow, it was said after the session of the Council of Ministers of Bosnia and Herzegovina on Wednesday. The decision on the allocation of funds from the Rapid Financing Instrument […]

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Bosnian Authorities agree on Distribution of 330 Million Euros from IMF

11:00 AM
Bosnian Authorities agree on Distribution of 330 Million Euros from IMF

  The decision on the allocation of funds from the Rapid Financing Instrument (RFI) from the International Monetary Fund (IMF) was unanimously adopted at the session of Council of Ministers of Bosnia and Herzegovina on Tuesday, Bosnian Minister of Finance and Treasury Vjekoslav Bevanda told reporters after the session, Vijesti.ba […]

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Council of Ministers of Bosnia and Herzegovina to discuss Blocked Money from IMF Today

June 2, 2020 11:45 AM
Council of Ministers of Bosnia and Herzegovina to discuss Blocked Money from IMF Today

  A session of the Council of Ministers of Bosnia and Herzegovina is scheduled for today, Avaz news portal reports. On the agenda will be, among other things, the Draft Opinion on the Draft Law on the Election of Judges of the Constitutional Court of Bosnia and Herzegovina previously elected […]

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Because of Political Disagreement in Bosnia and Herzegovina, 333 Million Euros from IMF still blocked

June 1, 2020 8:00 AM
Because of Political Disagreement in Bosnia and Herzegovina, 333 Million Euros from IMF still blocked

  In the middle of April, the funds based on the Rapid Finance Instrument arrangement of Bosnia and Herzegovina with the International Monetary Fund (IMF) have been transferred in the appropriate accounts with the Central Bank of Bosnia and Herzegovina (CBBH), in the total amount of SDR 265.2 million (around […]

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IMF Executive Board Approves Medium-Term Budget

May 30, 2020 5:00 PM
IMF Executive Board Approves Medium-Term Budget

  On April 27, 2020, the Executive Board of the International Monetary Fund (IMF) approved the IMF’s administrative and capital budgets for financial year (FY) 2021, beginning May 1, 2020, and took note of indicative budgets for FY 2022–23. The budget is set amidst extraordinary uncertainty related to the COVID-19 […]

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IMF Funds should be immediately unblocked

May 28, 2020 3:45 PM
IMF Funds should be immediately unblocked

  On 11 April, EU in BiH and U.S. Embassy in BiH hosted a meeting with political representatives to remove political blockages and focus their minds on dealing with the socio economic impact of the COVID-19 crisis. We thought we succeeded – but now that the 330 million Euro RFI […]

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