“The mission made significant progress, and reached understandings on the government budgets for 2013 and the structural reforms aimed at strengthening public finances, preserving financial stability, and improving the business environment," mission head Ron van Rooden said in a statement issued after a November 7-20 staff visit to Sarajevo and Banja Luka.
"The mission expects to resolve outstanding issues in the coming days, which would pave the way for consideration of the first review of the SBA by the IMF Executive Board before year-end,” the statement said.