Budget of BiH for 16 million BAM higher than last Year

January 30, 2019 5:00 PM

Council of Ministers of Bosnia and Herzegovina, at today’s session, discussed and unanimously established the Draft Law on the Budget of the Institutions of Bosnia and Herzegovina for 2019.

“The budget was adopted unanimously in the scale set by the Fiscal Council, which means 966 million BAM,” finance and treasury minister Vjekoslav Bevanda told reporters, adding that it is for 16 million BAM more than last year’s budget.

He recalled that the procedure for budget adoption is such that it is now referring to the BiH Presidency, which is a genuine advocate of both Houses of Parliament of BiH, where the budget will finally be adopted.

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