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: Are the Amendments to the Law on the Use of Hydro Accumulations damaging the Tuzla Canton?
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 > Are the Amendments to the Law on the Use of Hydro Accumulations damaging the Tuzla Canton?
BUSINESS

Are the Amendments to the Law on the Use of Hydro Accumulations damaging the Tuzla Canton?

Published: January 26, 2022
Share
SHARE

At one of its sessions, the House of Peoples of the Parliament of the Federation of Bosnia and Herzegovina (FBiH) adopted amendments to the Law on Allocation and Direction of a Part of the Company’s Revenue from the Use of Hydro Accumulation Facilities. In the meantime, the Tuzla Canton (TC) Government reacted. The Prime Minister and the ministers claim that the economy of this canton would not be able to withstand the growth of costs and the increase of the fee by eight times. This would ultimately affect the citizens through an increase in water prices for all customers, which they consider unacceptable.

Amendments to the Law on Allocation and Direction of a Part of the Company’s Revenue from the Use of Hydro Accumulation Facilities were adopted according to a shortened procedure, without a draft and without a public debate, claim the ministers in the Government of TC. With the adopted amendments to the Law, the annual amount of compensation cannot be less than 1.500 marks per one hectare of area submerged by hydro accumulation.

“If the annual calculation of paragraph 1 of the annual fee is less than 1.500 marks by hydro accumulation of submerged area, the calculation is made according to this amount and the calculation of the fee according to the previous paragraph is made no later than March 31st of the current year,” explained Stipan Sarac,member of the House of Peoples of the FBiH Parliament.

In order to protect citizens and the economy as well as to prevent negative consequences for industry, the Government and the Assembly of TC will take all activities and initiate an urgent amendment to the legislation adopted by the FBiH Parliament.

“Previous allocations on an annual level were around 300 thousand BAM, and now according to the new legal solution, those allocations would be 2.5 million BAM, which we believe is too much of a burden for our economy and that legal solution should be changed,” told Hajrudin Suljic, director of the Public Utility for Water Management Spreca.

Therefore, the Government and the Assembly of TC will propose to exclude from these legal solutions accumulations that serve to supply water to the population and the economy. If the requirements of the Government of this canton are not met, it will initiate an assessment of the constitutionality of amendments to this Law.

Ultimately, increases in the price of water for all buyers, ie the economy of TC and the citizens of Tuzla, Zivinice, and Lukavac who use water from Lake Modrac, if this law is applied, are inevitable, which will be another blow to already impoverished budgets.

Czechs are delighted with Sarajevo Cevapi in Prague
RS Government Issues 400 Million BAM Loan Guarantee for State Power Utility
Six offers for the construction of highway subsection Banja Luka- Prnjavor
Economy Fair with 212 Exhibitors opened in Skenderija Centre
RS borrows more than 50 Million BAM from the World Bank: Reforms or another Fiscal Bubble
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 Mehmedovic: The Coup is on the Scene, but the Creators of the Dayton Agreement will not allow their Success to collapse
Next Article Visegrad in Bosnia and Herzegovina was mentioned for the First Time in 1433
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

‘Locked Prices’ for 100 Products extended until the End of the Year
September 19, 2026
Decision to limit Margins on Petroleum Products extended for another 90 Days
September 19, 2026
Sarajevo Hosts the Ceremonial Police Parade: “We call on Citizens to join us on the Streets”
September 19, 2026
Hari Secic Directs Bosnia and Herzegovina’s Oscar Entry ‘The Widower’
September 18, 2026
Police seized 12 kg of Drugs, Two Persons arrested in Sarajevo
September 18, 2026
Director of BiH Border Police and the Czech Ambassador Discuss Current Migration Trends
September 18, 2026
USC Prosecutor’s Office and the US Embassy Discuss Continuation of Cooperation and Support for the Judiciary
September 18, 2026
Miners without Health Insurance Once Again: Debts Transcend 175 Million BAM
September 18, 2026
BiH State Minister Stasa Kosarac Kisses the Grave of the War Criminal Ratko Mladic
September 18, 2026
Minister Forto: Issuance of Visas for Drivers from BiH begins
September 18, 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?