By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo 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: Dodik: Debt Restructuring is one of the Measures of the Economic Policy of the RS
Share
Aa
Sarajevo Times
Aa
  • 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 > OUR FINDINGS > OTHER NEWS > Dodik: Debt Restructuring is one of the Measures of the Economic Policy of the RS
OTHER NEWS

Dodik: Debt Restructuring is one of the Measures of the Economic Policy of the RS

October 29, 2017
Share
SHARE

The Government of the RS should determine an entity budget for the next year in the middle of November, which should amount to around 3.2 billion BAM, and they should submit it for adoption to the National Assembly.

“We believe that we will have adopted budget for the next year soon, as well as the policies that go with that document. We have also located some urgent places where we should invest some capital investments, as well as to pay attention to issues that suggest that the amount of obligations that need to be serviced from the debt-related budget will be increased in the next year,” said Milorad Dodik after consultations with the Government of the RS.

He stated that almost 25 % of the original funds this year went for repayment of the previous debts and he reiterated that debt restructuring was one of the measures of economic policy.

“This year’s indebtedness amounted to about 640 million BAM, and new 540 million BAM were taken to repay that debt, which means that it is not a new debt but servicing the old debt,” said Dodik.

Due of the inability to continue the IMF arrangement, he says that the RS is about 300 million BAM in minus for this and the next year.

Entity Prime Minister Zeljka Cvijanovic also stated that the RS is getting significantly less indebted than it returns debts based on borrowed credits.

She also stated that there will be no layoffs in the next year.

(Source: klix.ba)

 

You Might Also Like

A Verdict was reached in One of the most extensive Cases against the Car Mafia in BiH

Civil Protection of Sarajevo Canton has issued a Warning

SIPA Police exempts Documentation from ITA BiH

One Person is in Custody after the Disappearance of Woman

Nineteen Thousand Persons are using Soup Kitchens in BiH

TAGGED: #BiH, #debt, #indebtedness, economic policy, Milorad Dodik, the RS
Amina Dzaferovic October 29, 2017
Share this Article
Facebook Twitter Whatsapp Whatsapp Telegram Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article BH Company producing Nets for Roland Garros?
Next Article Member of the Presidency of BiH met with Croatian President: Open issues to be solved in the Spirit of good neighborly Relations
Leave a comment Leave a comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2k Followers Like
10.1k Followers Follow
414 Followers Follow

Latest News

Embassy of Russia in BiH: Christian Schmidt is not a High Representative
September 23, 2023
Festival for Children this Weekend in Sarajevo
September 23, 2023
The Deputies of the RS to discuss a Draft Law on Agents of Foreign Influence next Week
September 23, 2023
Intelligence Security Agency’s Integrity and Reputation are largely threatened
September 22, 2023
New Protests were held in Support of Dodik and Lukic
September 22, 2023
A Verdict was reached in One of the most extensive Cases against the Car Mafia in BiH
September 22, 2023
Dodik: Not even a self-organized Group of Ambassadors can help Schmidt
September 22, 2023
Strengthening of Cooperation in the field of Culture between BiH and the UK
September 22, 2023
Peace Implementation Council’s Steering Board sent an Important Message
September 22, 2023
BiH Photographer found a Military Plane from the Second World War on Cvrsnica (video)
September 22, 2023

You Might also Like

OTHER NEWSOUR FINDINGS

A Verdict was reached in One of the most extensive Cases against the Car Mafia in BiH

September 22, 2023
OTHER NEWSOUR FINDINGS

Civil Protection of Sarajevo Canton has issued a Warning

September 22, 2023
OTHER NEWSOUR FINDINGS

SIPA Police exempts Documentation from ITA BiH

September 22, 2023
OTHER NEWSOUR FINDINGS

One Person is in Custody after the Disappearance of Woman

September 22, 2023
Sarajevo Times
Follow US

© 2012 Sarajevo Times. All Rights Reserved.

  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT

Removed from reading list

Undo
Go to mobile version
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?