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: Deputy Finance Minister Of BiH proposed the Budget
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 > Deputy Finance Minister Of BiH proposed the Budget
BUSINESS

Deputy Finance Minister Of BiH proposed the Budget

Published: April 11, 2026
Share
SHARE

Since the fiscal framework for 2026 still has not been adopted, it is necessary to further improve its content to meet the real needs of the institutions of Bosnia and Herzegovina, according to Deputy Finance Minister of Bosnia and Herzegovina, Muhamed Hasanović.

He stated that, given the fact that revenues from indirect taxation in Bosnia and Herzegovina have been recording continuous growth year after year, while the level of allocations forinstitutions of Bosnia and Herzegovina has remained at 1,020,000,000 BAM for several years, there is a basis and a realistic source of funds to adjust this amount through increased revenue from indirect taxation.

“The current proposal for the 2026 budget framework increase is 10 million BAM, which is insufficient compared to actual needs. Therefore, I propose increasing the total budget framework for the institutions of Bosnia and Herzegovina by an additional 40,000,000 BAM in 2026, with a clearly defined multi-year projection for the coming period,” Hasanović said.

He explains that the proposed allocation of funds has been precisely structured and functionally targeted, stating the following for 2026: 30,000,000 BAM for BHRT, through direct transfers or through subsidies to public companies via the Ministry of Transport and Communication, as an emergency measure to stabilize the public RTV system, and 10,000,000 BAM for cultural institutions.

He stated that for 2027 and 2028, 10,000,000 BAM is planned for cultural institutions.

According to him, it is important to clearly indicate this obligation in the fiscal framework to ensure continuous and stable financing of cultural institutions over the three-year period.

Hasanović considers that the one-time allocation of 30 million BAM for BHRT in 2026 represents a necessary emergency measure aimed at stabilizing the RTV system, which plays a key role in informing citizens and achieving the public interest at the state level.

Regarding cultural institutions, the planned earmarked funds of 10,000,000 BAM per year refer to institutions of national importance that do not have systemically resolved funding. With this model, their stability and operational sustainability is ensured.

Funds for cultural institutions are distributed as follows – the National and University Library of Bosnia and Herzegovina – 2,100,000 BAM; the National Museum of Bosnia and Herzegovina – 2,100,000 BAM; the National Gallery of Bosnia and Herzegovina – 1,300,000 BAM; the Historical Museum of Bosnia and Herzegovina – 1,300,000 BAM; the Museum of Literature and Performing Arts of Bosnia and Herzegovina – 1,100,000 BAM; the Library for the Blind and Visually Impaired Persons of Bosnia and Herzegovina – 1,050,000 BAM; and the Film Archive (Kinoteka) of Bosnia and Herzegovina – 1,050,000 BAM, making a total of 10,000,000 BAM annually.

“The proposed budget increase is a fiscally sustainable and developmentally justified measure, based on revenue growth from indirect taxation as a realistic source of financing, the multi-year stagnation of the budget framework, and the need to stabilize key state systems. The combination of one-time BHRT stabilization and multi-year systemic financing of cultural institutions ensures the long-term functionality of these institutions and the protection of the public interest of Bosnia and Herzegovina,” Hasanović explained.

In the end, he stated that if this or any other solution is not reached through agreement with all parties, he is prepared to act if the High Representative authorizes him to address this issue, announced the Office of the Deputy Minister of Finance and Treasury of Bosnia and Herzegovina.

Recognition for AL-JAZEERA BALKANS
Wind Farm in Visoko is One of First to Produce Electricity in B&H
Tatiana Proskuryakova –World Bank’s Country Manager for B&H and Montenegro
The minimum Wage, not the average, should be 1000 BAM
Train from Sarajevo to Belgrade Again?
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 Mural to Slobodan Praljak Remains on the Wall in Mostar as Citizens Prevent Its Removal
Next Article From Sarajevo to Mostar and Neum: The First Bicycle Race through BiH
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

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
A large Parade of Police Forces “From the first Call to the Defense of the State”
September 18, 2026
COM EUFOR Highlights Operational Importance of Women, Peace and Security at Sarajevo Summer School
September 18, 2026
VIK announces Night Water Reductions in the entire Sarajevo Canton
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?