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Sarajevo Times > Blog > OUR FINDINGS > OTHER NEWS > BiH: Significant Increase in Number of Employees and Production
OTHER NEWS

BiH: Significant Increase in Number of Employees and Production

June 23, 2017
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council ministersOn July 5, the Work Report of the Council of Ministers of BiH for 2016 will be on the agenda of the House of Representatives of the Parliamentary Assembly of BiH.

In the report was stated that the Council of Ministers of BiH in 2016 established a total of 19 law proposals, adopted 7 strategies and 13 action plans, adopted 283 decisions, adopted or gave its consent on 25 ordinances, identified 53 proposals of agreements, protocols and memorandums, determined 38 proposals for the basis for conclusion of international treaties and 66 proposals for ratification of international agreements, adopted 190 information from various fields and 133 reports, identified 287 answers to questions and initiatives and 28 answers to delegates questions.

“At the end of 2016, BiH recorded a significant improvement of economic parameters in relation to the last decade, the highest incomes, the lowest indebtedness in the region, and a significant increase in the number of employees. Moreover, the year of 2016 was the most successful year when it comes to the European path of BiH since this project was started,” as said in the report.

The Council of Ministers of BiH also stated that the partnership between BiH and EU was intensified after the Stabilization and Association Agreement entered into force,  and EU integrations were put into the focus of the Council of Ministers of BiH, which was defined as a key priority and put in the formal political dialogue.

In 2016, the Council of Ministers of BiH continued with the implementation of measures within the Reform Agenda. The level of implementation of planned measures in the four-year period was 53 %, and they realized a total of 85 % of the measures that were planned until December 2016. Within the competencies of the Council of Ministers of BiH are planned 34 measures within the Action Plan, and a total of 18 measures have been fully implemented by the end of 2016, while 7 measures are in the process of realization at the moment.

The upward trend in the foreign trade with the world was continued during the year 2016, and its main characteristics were the increase in the volume of total trade of goods, export and import of goods and the decrease of foreign trade deficit and better export-import coverage in comparison to the last year.

BH foreign trade deficit in 2016 amounted to 6.723 billion BAM and it was decreased by 2.1 % in comparison to the previous year, while the total export-import coverage in BiH compared to the previous year was 58.3 %.

(Source: klix.ba)

 

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TAGGED: #BiH, #income, #indebtedness, #progress, EU, the Council of Ministers of BiH, the Reform Agenda, work report
Amina Dzaferovic June 23, 2017
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