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Sarajevo Times > Blog > POLITICS > Budget Rebalance in the amount of 2.3 billion BAM adopted?
POLITICS

Budget Rebalance in the amount of 2.3 billion BAM adopted?

Published October 9, 2015
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parliamentHouse of Peoples of the FB&H yesterday adopted a rebalance of the federal budget for 2015 in the amount of 2.3 billion BAM.

While explaining budget rebalance to delegates, the Federal Minister of Finance Jelka Milicevic said that the changes are taking into account the circumstances regarding negotiations with the International Monetary Fund (IMF) or lack of tranches in the amount of 200 million BAM.

She noted that the government of FB&H proposed an alternative source of funding in order to maintain financial stability of FB&H.

During the discussion, the presidents of the Clubs of Croats and Bosniaks, Tomislav Martinovic and Osman Catic, emphasized that they will vote for rebalancing, which is a consequence of the budget which was adopted by the old government.

31 delegates voted for the rebalance, 14 delegates were against and one delegate remained abstained.

(Source: akta.ba)

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