News in English     | 27.08.2021. 20:38 |

CBBH - Two thirds of IMF funds for FBiH, and one for RS

FENA Press release

SARAJEVO, August 27 (FENA) - Instructions for the allocation of funds based on the allocation of SDR (special drawing rights) of the International Monetary Fund (IMF) were submitted today to the Central Bank of Bosnia and Herzegovina (CBBH).

In accordance with the submitted instructions and on the basis of the Memorandum of Understanding dated June 30, 2016, which determines the conduct of institutions in relation to their competencies arising from BiH membership in the IMF, in accordance with regulations in BiH, will distribute funds between the Federation BiH and Republika Srpska in the ratio of 2/3 to 1/3 and pay them to the accounts in accordance with the instructions of the entity ministries of finance.

According to the above, the Federation of BiH, based on the allocation of SDR from the IMF, has the amount of 401,693,566.04 KM (2/3) and the Republika Srpska the amount of 200,846,783.02 KM (1/3), the CBBH announced.

(FENA) A. B.

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