The Government of FBiH adopted the 58 million BAM worth Incentive Program

May 5, 2018 12:00 PM

The Government of the FBiH adopted the Program of expenditure with the criteria for allocation of agricultural incentives in the amount of 58.200.000 BAM, which are established by this year’s Budget of the FBiH to Federal Ministry of Agriculture, Water Management and Forestry, as announced from the Office of the for Public Relations of the Government of FBiH.

Out of the total amount, 9.040.000 BAM are allocated for incentives in plant production, 43.435.000 BAM for animal production, while interests on loans for investments in agriculture will be regressed with 500.000 BAM, which is the amount planned for land consolidation.

A total of 3.580.000 BAM is planned for rural development, out of which 3.500.000 BAM for investments in agricultural estates, and 80.000 BAM for organic production.

The amount of 295.000 BAM of funds are planned for model of other supports, and within this amount is planned 80.000 BAM for co-financing of insurance premiums from possible damages in agricultural production.

For the execution of final court judgments in the field of financial support from the previous years and decisions in the second-instance proceedings is allocated amount of 850.000 BAM.

The Government also held 141st thematic session and they established drafts of three laws that are important for implementation of one counter system of registration of business entities in the FBiH.

(Source: fokus.ba)

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