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: “Abolishing the Unified indirect Tax System would be economically disastrous for RS“
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 > “Abolishing the Unified indirect Tax System would be economically disastrous for RS“
BUSINESS

“Abolishing the Unified indirect Tax System would be economically disastrous for RS“

Published: August 26, 2025
Share
SHARE

Deputy Minister of Finance and Treasury of Bosnia and Herzegovina, Muhamed Hasanović, stated that the increasingly frequent statements that challenge the constitutional order and the unified system of indirect taxation are dangerous and unfounded, and presented clear data on the functioning of that system.

According to official data from the Indirect Taxation Administration, a total of 11,393,488,043.79 KM was collected in 2024. Of this, the Federation of BiH collected 8,316,108,862.53 KM (72.99 percent), the Republika Srpska 2,870,929,353.63 KM (25.2 percent), and the Brčko District 206,449,827.63 KM (1.81 percent).

Hasanović emphasized that these data confirm that the largest part of revenues is collected in the Federation of BiH, while the distribution of revenues from indirect taxes ensures the financial sustainability of all entities and the Brčko District. He warned that the abolition of the single indirect taxation system would have serious consequences for the stability of the budgets of all levels of government, the payment of salaries in institutions, and overall economic stability.

“Let me be completely clear: the abolition of the single indirect taxation system would be economically disastrous for Republika Srpska. The Federation would benefit in that scenario, but the policy I advocate will never be based on secessionism, destabilization or the destruction of the institutions of Bosnia and Herzegovina,” said Hasanović.

He emphasized that the indirect taxation system must remain indivisible, because it represents the foundation of fiscal stability and equal legal protection for all citizens and economic entities in BiH.

“Instead of serving irresponsible and populist statements to the public, all those who wish Bosnia and Herzegovina well should work on strengthening state institutions and mechanisms that ensure stability, equality and fair distribution of income. This is both a political and economic necessity, and at the same time a legal obligation under the Constitution of Bosnia and Herzegovina,” stated Hasanović, according to a statement from the Office of the Deputy Minister of Finance and Treasury of BiH.

The Employment Bureau of Canton Sarajevo: Funds for 1,000 new workplaces approved
There will be no Construction of Two Mini Hydroelectric Power Plants on Buna River
New Fuel Price Increase is announced, Citizens are outraged
Consumer Basket is Double as the average Salary in BiH
Republika Srpska borrows additional 500 Million Euros
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 EU responds to Trump’s Threats
Next Article City of Stolac Files Criminal Charges Over Works on Planned Harem Plot
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

The unique Rules of the SOS Telephone for Victims of Violence in the Federation
July 27, 2026
33 Years since the Murder of the Bugojno Croats marked
July 27, 2026
Diego Luna to Receive the Honorary Heart of Sarajevo at the 32nd SFF
July 27, 2026
BiH Minister discusses Economic Cooperation and Investments with Egyptian Officials
July 27, 2026
Mayor Avdic withdraws Draft Decision on the Regulatory Plan Quadrant C-Marijin Dvor
July 27, 2026
Rescuers from GSS Zenica Carry Out Operation to Return Surviving Mountaineers
July 27, 2026
Number of Google Searches to Visit BiH jumped by 5, 800 Percent: Growing Tourist Interest Following the World Cup
July 27, 2026
Orlic: Search on Elbrus suspended due to Stormy Winds
July 27, 2026
Becirovic sent his Condolences on the over the Tragedy on Elbrus Mountain
July 27, 2026
Bosnia’s Ruling Coalition Nears End of Mandate with Few Promises Delivered
July 27, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?