prijava
SARAJEVO, June 24 (FENA) - The Ministry of Finance and Treasury of Bosnia and Herzegovina submitted yesterday the Draft Law on the Budget of BiH Institutions and International Obligations of BiH to the Presidency of BiH.
BiH Minister of Finance and Treasury Vjekoslav Bevanda reminded that BiH did not have a budget in difficult conditions when it was necessary to react quickly to the poor health and economic consequences of the Covid-19 coronavirus pandemic.
“Although we have not lost control or endangered the fiscal stability of BiH, interim financing significantly limits us and slows us down to respond to regular activities, and not only the consequences of the pandemic,” said Bevanda.
He believes that the adoption of the draft budget in the Council of Ministers and its submitting to the constitutional proposer the Presidency of BiH is a good message and that funds will be provided in the second half of the year for projects to respond more strongly to important issues such as the migrant crisis and meeting the conditions for joining the European Union.
According to the statement, many are not satisfied with the proposed budget because it is restrictive in certain areas, but this year there were sudden priorities after the coronavirus, but the functioning of any BiH institution was not questioned due to the reduction of planned amounts on certain items.
The decision on interim financing for the second quarter is in force until July 1, and all payments are within the legal framework, the Ministry of Finance and Treasury of BiH announced.
(FENA) A. B.
