BUSINESS

Council of Ministers brought Decision on the Interim Financing of the Institutions

 

Council of Ministers of Bosnia and Herzegovina has passed a Decision on the Interim Financing of the Institutions of Bosnia and Herzegovina and its International Obligations for the Period October – December 2019 during the telephone session on Thursday.

The total amount is 237,500,000 BAM, which is one quarter of the funds approved for financing of the BiH institutions in accordance with Law on the Budget of the Institutions of Bosnia and Herzegovina and the International Obligations for year 2018.

The Ministry of Finance and Treasury of Bosnia and Herzegovina, in cooperation with the Legislation Office of the Council of Ministers of BiH, will prepare this decision for signature and publication in the Official Gazette of Bosnia and Herzegovina.

In January this year, BiH’s Council of Ministers adopted the Draft Law on the Budget of the Institutions of BiH and the International Obligations for 2019 and forwarded it to the BiH Presidency.

 

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