BUSINESS

Federal Government allocated 500,000 Euros for Entity Airports

The Federal Government has adopted two programs for spending part of the funds “Subsidies to Public Enterprises – Improvement of the Air Transport of the Federation of BiH” set out in the FBiH Budget for 2019.

The funds will be used to subsidize the scheduled airline for “Public Enterprise International Mostar Airport” in the amount of 500,000 BAM and Public Enterprise International Airport Tuzla in the amount of 500,000 BAM.

The subsidy is based solely on covering the costs of the air carrier with a view to profitability and continuity.

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