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: Council of Ministers decides: 1.8 Billion BAM for Development Projects
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 > Council of Ministers decides: 1.8 Billion BAM for Development Projects
BUSINESS

Council of Ministers decides: 1.8 Billion BAM for Development Projects

Published: August 1, 2016
Share
SHARE

Investments faktor.baOf the total amount of 1.8 billion BAM, which is the amount of the total value of development projects whose implementation plan was adopted by the Council of Ministers of BiH at the last session, the majority will be used to help the returnee population. Almost one third of the sum, precisely 510 million BAM, will be used for different projects that support return.

The project with the greatest value is the project of closing the collective centers, which includes construction of homes for people who currently live in one of the 121 collective centers in BiH. For this project, 203 million BAM will be used by 2019.

The following project according to the value is the project of housing of refugees, for which 200 million BAM will be allocated in the planned period. This is a regional project in which BiH, Croatia, Serbia and Montenegro participate. The mentioned amount must be provided by BiH.

Another 107 million BAM will be allocated by BiH for support to the return process. These projects are implemented under the patronage of the Ministry of Human Rights and Refugees of BiH. Total amount was divided to projects that were approved in different periods.

All of the three aforementioned projects are among the projects whose implementation has already begun.

Total value of the so-called nominated projects, or those whose implementation did not begin yet, is 433 million BAM.

All projects are divided into two categories: investment-development programs and other programs. Of the total 1.8 billion BAM; around 1.2 billion BAM will be used for development-investment projects, while the remaining funds will be used for other investments.

All these projects will be financed by domestic and international sources. However, most of the funds will be provided from the budget of BiH. Also, a part of funds will be provided by institutions that implement the projects, and domestic grants will make up one part, too. Funds from international sources are provided through loans and credits.

(Source: faktor.ba/photo: faktor.ba)

Second Day of the Brdo-Brijuni Process: Regional Leaders on international Cooperation
There are more and more Calls for mass Protests over the economic Situation in BiH
Six Balkan Countries to create a Common Economic Space?
EOL Petrol and Sarajevo Airport comment about the Fuel Leak
No Changes in the Price of Fuel in FB&H n the upcoming Days
TAGGED:#budget#CouncilofMinisters#development#investments#plans
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 Invasion of Love: Activists cleaning Jajce
Next Article Constitutional Court considers the Veto of Bosniaks today
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

More than 30 Council of Europe Parliamentarians arrive in Sarajevo
May 17, 2026
The Museum of Literature and Theater Arts of BiH implements a Digital Library Project
May 17, 2026
New Law Makes Stay of Workers from BiH in Croatia Easier
May 17, 2026
34 Years Ago, Defenders of Sarajevo Thwarted Aggressors’ Hellish Plan
May 17, 2026
Academic Freedoms at Universities in BiH increasingly threatened by Political Pressures
May 17, 2026
BiH and Moldova Move Toward First-Ever Scheduled Air Links
May 17, 2026
SOC: LGBTI Persons in BiH still without full Protection
May 17, 2026
Three Gold and One Silver Medal for Young BiH Athletes
May 17, 2026
Schmidt Signals Possible Breakthrough on State Property Issue in BiH
May 17, 2026
Bulgaria is the Winner of the 70th Edition of Eurovision Song Contest
May 17, 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?