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: Is Politics the most profitable Business in our Country?
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 > POLITICS > Is Politics the most profitable Business in our Country?
POLITICS

Is Politics the most profitable Business in our Country?

Published: August 29, 2022
Share
SHARE

Bosnia and Herzegovina (BiH) is the absolute record holder in Europe in terms of the number of political parties. Their number has tripled in the last 26 years. It is justified to ask the question of whether politics is the most profitable business in the country, and why the race for leading positions has become so attractive.

One political party per 30.000 inhabitants. Everyone would like to be a leader, or at least try to fight for power, says a former member of the Central Election Commission (CEC) of BiH, Vehid Sehic. He adds that this has nothing to do with democracy and political pluralism, but with the fact that politics has long since become the most desirable, and more importantly, the highest paid profession in BiH.

”People say, and this is the rule, “Once an ambassador, always an ambassador,” here once a politician, once a president, minister, the prime minister – always a president, a minister,” Vehid Sehic, a former member of the CEC BiH said.

The same people, but a significantly larger number of political entities. Since all the traditional names have been taken, party names are becoming more and more creative.

As many as 31 political parties and coalitions want to have representatives in the future convocation of the National Assembly of the Republika Srpska (NARS). There are 1.439 candidates on the lists who will seek their chance in the elections, and only 83 seats are available. The seats make it easier to get to workplaces in public institutions and companies.

Communication specialist Mladen Bubonjic says that there is an imposed atmosphere that in our country there is no life without politics.

”As the number of parties on this, conditionally speaking, opposition spectrum increases, we can suspect that these parties and these politicians cannot bring a significant percentage of votes to themselves, but they can steal votes from well-established, established opposition structures and thus only contribute to the government.”

It is an open secret that electoral committees are the wound of technical changes to the electoral law. The purchase of electoral committees is repeated every election cycle and has nothing to do with participation in the democratic election process, is the opinion of political analyst Denis Carkadzic.

”Three percent for the entity level, and especially the state level, is an absolutely unattainable threshold for 90% of them when you take the total number. The problem with electoral committees – just look at the number of candidates for president and vice president of RS and everything will be clear to you.”

And there are 31 names on that list. For the upcoming elections, the CEC has certified 90 political parties, 17 independent candidates, and 38 coalitions. 22 parties and 2 coalitions more than during the 2014-2018 election period. It is much easier for political parties to survive than for private companies, because they are financed with public money, and it is also easier to establish them – more than 335 million BAM have been allocated from the budget at all levels from 2004 to today, BHRT writes.

E.Dz.

How many billions of Tito’s Debt BiH should return?
The Day of Victory over Fascism is marked throughout BiH
Prosecutors Office of BiH receives Report on Criminal Charges for Persons who failed to Procure Vaccines
Sanela Jenkins addressed the Citizens of B&H: Let’s turn to the Future
Crisis Staff of the Canton Sarajevo Ministry of Health issued New Recommendations
TAGGED:#BiH#money#politics#profit
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 Bicycle Race in Tuzla attracted a record Number of Participants
Next Article Republika Srpska plans to install Solar Panels for 50.000 Households
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

Sarajevo Airport has completely adapted its Infrastructure to People with reduced Mobility
June 25, 2026
A Strong Message from Germany: “Dodik and Trump Administration Pose the Main Threat to BiH”
June 25, 2026
Balkan Gets a New “Country”
June 25, 2026
The New Great Game in the Balkans
June 25, 2026
Key Financial Institutions Send a Joint Message: Retail Deposits Are Safe, BiH Financial Sector Remains Stable
June 25, 2026
BiH among the Top Polluters, Thermal Power Plants for Years Breach the Emission Limits
June 25, 2026
Deputy Minister of FA participates in the ASPEN Working Group for the WB
June 25, 2026
Bosnia and Herzegovina officially among the 32 best Teams in the World!
June 25, 2026
Hurtic at the Audience with Pope Leo XIV – Messages of Peace and an Invitation to visit BiH
June 25, 2026
BiH Team to present the Country at prestigious European Geography Olympiad
June 25, 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?