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IMF and Bosnia agree new 550 million euro 3-year loan deal
May 24, 2016 / 3:51 PM / a year ago

IMF and Bosnia agree new 550 million euro 3-year loan deal

Sarajevo, May 24 (Reuters) - The International Monetary Fund and Bosnia reached a long-awaited agreement on Tuesday on new a 3-year 550 million euro loan arrangement with a 4-year grace period, an IMF official said.

The IMF sees Bosnia's economic growth this year at about 3 percent, said Nadeem Ilahi, the head an IMF mission visiting Bosnia. (reporting by Daria Sito-Sucic; editing by Giles Elgood)

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