POLITICS

1.4 billion BAM for Public Institutions in the FB&H in the Next 3 Years

governmentGovernment of FB&H has adopted the Program of public investment in the FB&H for the period of time from 2016 to 2018.

As concluded, the Government is planning to start the process of contracting credit funds amounting to 1.41 billion BAM for funding of nominated projects in 2016, and start the procedure for issuing a guarantees in the amount of 1.04 million BAM.

The Government gave a task to the Federal Ministry of Finance to submit the Program of public investment of FB&H for period 2016-2018, including a list of priority programs and projects in the FB&H, to the Ministry of Finance and Treasury of B&H, in order to prepare the Program of public investment at the state level.

The program is containing information about 74 projects in total. The total value of all projects is 14.33 billion BAM, of which 11.06 million BAM is relating to the 38 nominated projects, and the rest 3.26 million BAM to 46 projects that are in the process of implementation.

According to the plan, a total of 1.6 million BAM will be spent on the ongoing projects in the period from 2016 to 2018, thus 682.68 million BAM in 2016, 515.49 million BAM in 2017, and 406.54 million BAM in 2018.

Government of FB&H was also introduced with programs of public investment of the Tuzla Canton and Canton 10 for the period from 2016 to 2018. The Federal Ministry of Finance will also submit these documents, together with the Program of public investment of FB&H 2016-2018, to the Ministry of Finance and Treasury to prepare the Program of public investment at the state level.

(Source: klix.ba)

 

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