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Sarajevo Times > Blog > BUSINESS > How much Debt of the Government of FB&H at the end of 2015 amounted to?
BUSINESS

How much Debt of the Government of FB&H at the end of 2015 amounted to?

Published: February 14, 2016
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12736117_1728016620768348_1201943151_nAt yesterday’s session in Mostar, the Government of FB&H was introduced with the Annual Plan of borrowing for 2016, as well as with the report on debt for the fourth quarter of 2015.

Debt of the Government of FB&H at the end of 2015 amounted to 6,268.22 million BAM, of which the external debt amounted to 5,273.61 million BAM or 84.13 %, while the internal debt amounted to 994.89 million BAM or 15.87 %.

Gross needs of the Government of FB&H for external financing in 2016 amounted to 888.92 million BAM, of which 312 million BAM is related to budget support (World Bank, International Monetary Fund), and the remaining 576.92 million BAM from several creditors for financing public investments (European Bank for Reconstruction and Development, European investment Bank, KfW and other multilateral and bilateral creditors).

According to the information, the intention is the financing of the budget, which is planned in the total amount of 312 million BAM, to be realized by pulling tranche of the IMF in the amount of about 229 million BAM and loans for development policies of the World Bank in the amount of 83.6 million BAM.

Planned indebtedness or transfer of credit funds for capital investments in 2016 amounted to 576.92 million BAM, according to the Government of FB&H.

(Source: fokus.ba)

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