The Central Bank of Bosnia and Herzegovina has received the necessary instructions

8/27/2021

Today, on 27 August, 2021, in the late afternoon, the necessary instructions for the distribution of funds out of the allocation of the International Monetary Fund's (IMF) SDRs (Special Drawing Rights) were submitted to the Central Bank of Bosnia and Herzegovina (CBBH).

In line with the submitted instructions, and on the basis of the Memorandum of Understanding, dated 30 June 2016, stipulating the actions of the institutions related to their competencies generated from BH membership in the IMF, and according to the BH regulations, the CBBH will distribute the funds to the Federation of BH and Republika Srpska in the ratio of 2/3 to 1/3 and pay them into the accounts, in accordance with the instructions of the Entities' Ministries of Finance.

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



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