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Reading: Budget of FB&H for 2016 to amount to 2.5 billion BAM?
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Sarajevo Times > Blog > BUSINESS > Budget of FB&H for 2016 to amount to 2.5 billion BAM?
BUSINESS

Budget of FB&H for 2016 to amount to 2.5 billion BAM?

Published: November 6, 2015
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Budget of FB&H for 2016 faktor.ba (1)Budget of the FB&H for the next year should amount to 2.5 billion BAM, which is an increase in comparison with this year’s budget; it was pointed out by the Deputy Prime Minister of B&H and the Minister of Finance of FB&H Jelka Milićević at yesterday’s press conference in the Government of the FB&H. At the session, the Government of FB&H considered the Draft text of the budget of FB&H for 2016, since the IMF requested from the Government to submit the first draft material.

“Budget revenues increased by ten percent which means that revenues from taxes are also increasing. We are also satisfied because other taxes will increase by three percent as well. The Government opted for an employment and self-employment program for which it allocated 50.000 BAM”, Milićević stated.

The Government also considered other issues such as permanent management of institutions in the Federation, i.e. determining spaces which will be owned by the Federation. This will also be discussed at the next session of the Government since, according to Milićević, they are to search for sources of financing as permanent sources of financing and a fast implementation of those projects.

(Source: klix.ba)

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