By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: 183 Million BAM from PE to divert for financing of the Construction of Highways
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > BUSINESS > 183 Million BAM from PE to divert for financing of the Construction of Highways
BUSINESS

183 Million BAM from PE to divert for financing of the Construction of Highways

Published August 30, 2017
Share
SHARE

The prime minister of the Federation of Bosnia and Herzegovina (Bih) is planning to divert the profits of public enterprises to construct highways in FBiH. The sum in question is 183 million BAM, which will be diverted to infrastructure projects from four public enterprises.

After the fall of the laws regarding an increase in the excise taxes, the other segments of the loan of the International Monetary Fund (IMF) and an increase in the monetary funds from the clearing debt, Novalic had an idea which would ensure the construction of highways in FBiH.

Namely, the Government of FBiH will ask four public enterprises to divert their accumulated profit of 183 million BAM to the construction of highways. BH Telecom, Sarajevo International Airport, Elektroprivreda Hrvatske zajednice Herceg-Bosne and Elektroprivreda BiH are the companies that will be asked to divert their profits.

According to the documents that are owned by Klix.ba, the Government of FBiH will ask BH Telecom for 90 million BAM (70 million BAM for a highway Sarajevo-Gorazde, 10 million for the detour around Mostar and 10 million for the First Transversal in Sarajevo).

Sarajevo International Airport is supposed to divert 25 million BAM for construction of the Sarajevo detour and Elektroprivreda BiH is supposed to divert 63 million BAM for the highway Zepce – Tuzla.

The smallest burden will fall on the Elektroprivreda Hrvatske zajednice Herceg-Bosne, which is supposed to divert three million for the detour around Mostar and two million BAM for the highway Zepce – Tuzla.

The fact that the majority of the infrastructural projects will “become alive” in the election year of 2018 is interesting, considering the fact that politicians may use these projects to gain political points with voters.

It’s still unclear how the Government of FBiH plans to make up the funds from the Russian debt (107 million BAM), which were supposed to be used for the construction of highways.

(Source: Klix.ba)

Official construction of Arnaudija Mosque to begin Today

Central Bank projects the Annual Growth for BiH

Minister Delic visited the Ukrainian Pavilion: We know what it means to defend oneself against Aggressors

Snow fell on Prokosko Lake in BiH

Covic met with British Ambassador in BiH Edward Ferguson

TAGGED:#BiH#highways#money
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Are we aware of the Significance of Ban Kulin’s Charter?
Next Article Eid Prayer to take place on Friday at 6:47 AM
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2kFollowersLike
10.1kFollowersFollow
414FollowersFollow

Latest News

Sarajevo Airport starts New Year with Passenger Growth
February 8, 2026
“A stable, sovereign and European BiH is not a Utopia, it is the only sustainable and responsible Path”
February 8, 2026
Muzaferija achieved the best Ranking at the Olympic Games in her Career
February 8, 2026
Repeated early Elections in RS: 17% of Voters voted by 11 am
February 8, 2026
A Decade since Dzenan Memic was killed
February 8, 2026
Suspect Arrested After High-Ranking Russian Military Official Wounded
February 8, 2026
Election Day began mostly peacefully, the first Indications of Irregularities recorded
February 8, 2026
Swedish Authorities stop the Deportation of Boy to BiH
February 8, 2026
Sarajevo was the Center of the World 42 Years ago
February 8, 2026
DF: Dodik falsifies History and attributes NDH Crimes to Bosniaks
February 8, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?