Re-balance of the budget of the Federation of B&H in the first quarter of 2013

December 10, 2012 1:23 PM

The Prime Minister of the Federation of Bosnia and Herzegovina, Nermin Nikšić said that there will hardly be any radical changes to the budget of the Federation of Bosnia and Herzegovina in the first quarter of the year. He also added that the re-balance of the budget is still questionable.

“Both Houses of the Federal Parliament agreed that there will be a discussion on the way in which the budget will be implemented. The first idea was to do it in two steps, first the draft, then the budget. Unfortunately, during the monitoring mission of the IMF, it was our obligation to implement the budget on the 5th of December in order to proceed with the arrangement”- said Prime Minister Nikšić for the Federal Journalist Agency (FENA)

He also added that it is a logical thing, since the alderman adopted the budget without discussion, for the executive branch to go in favor of the constitutional branch in order to go through all other features of the budget.


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