BUSINESS

IMF transferred 333 Million Euros to Central Bank of Bosnia and Herzegovina

 

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 USD 361 million or around EUR 333 million).

In the beginning of this week, the IMF approved a loan from the so-called Rapid Finance Instrument for Bosnia and Herzegovina for the purpose of coping with the coronavirus pandemic and mitigating its economic consequences.

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