Both Houses of the Parliament of Federation of BiH approved today the extended arrangement (EFF) with the International Monetary Fund (IMF).
The Government is authorized to take 720 million KM of IMF’s money, which is two-thirds of the total approved funds for BiH in the amount of one billion and 80 million KM. The remaining part belongs to Republika Srpska.
This amount is already on the account of the Central Bank of Bosnia and Herzegovina, but the FBiH Government needed the consent of the both Houses of the FBiH Parliament to start spending the money.
