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: Money from the Clearing Debt to be invested in the Economy?
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 > Money from the Clearing Debt to be invested in the Economy?
BUSINESS

Money from the Clearing Debt to be invested in the Economy?

Published: August 12, 2017
Share
SHARE

The Association of Employers of the FBiH strongly opposed the proposal that the funds that were obtained by collecting the clearing debt from Russia in the part that belongs to the FBiH, and which are amounting to approximately 72.5 million USD, are used for the rehabilitation of the PIO / MIO Fund in the FBiH, as announced by the Association.

They noted that the funds that were obtained through the collection of the clearing debt are the result of the economic activities of companies from BiH that were realized before the war on the market of the then Soviet Union.

“Instead of returning these funds to the economy through the strengthening of companies in the FBiH, the construction of infrastructure facilities such as roads, hospitals, schools and achieving additional value for all citizens of the FBiH on the basis of them, it is proposed for these funds to be used for filling budget holes, rehabilitation of the PIO / MIO Fund, and social benefits,” as stated by the Association of Employers of the FBiH.

They noted that the investment of funds that were realized through the collection of clearing debt in the strengthening of the real sector of economy in the FBiH and the infrastructure investment in new technologies, the increase of exports, the increase in the GDP, which automatically leads to the creation of new workplaces, increase of collection of indirect and direct taxes, and thus a more permanent stabilization of the pension and healthcare fund and more secure social benefits.

“Due to all of these reasons, we insist that the funds that the FBiH received through the collection of the clearing debt from Russia are returned to those who earned them – the economy of the FBiH. We urge the ministers in the Government of FBiH, and representatives in the FBiH to reject another “filling of budget holes” on the expense of the economy, employees and all citizens of the FBiH,” as announced by the Association.

(Source: klix.ba)

Federation of Bosnia-Herzegovina Entity privatized 1,088 Enterprises
Bazaar in Zenica enables social inclusion and economic empowerment
Attraction in BiH: Photo Safari in the Nature Park Hutovo Blato
Foreign Trade Chamber: Seminar on the Quality Improvement held
BiH Weapons Producer signed a Contract worth 44 Million BAM
TAGGED:#BiH#economy#FundAssociation of Employers of the FBiHclearing debtthe FBiH
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 40 million BAM secured for the Road Neum-Stolac
Next Article Members of the Presidency of BiH have the largest Salaries in the Region?
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

The Council of Ministers of BiH grants Consent for Serbian Citizens to vote in BiH
October 20, 2026
BH Companies present their Products at the “SIAL Paris 2026”
October 20, 2026
Sarajevo Memorial Center Reacts to Billboards of Alija Izetbegovic in Lukavica
October 20, 2026
FUP searches the Premises of the FBiH Railways and the Federal Ministry of Transport and Communications
October 20, 2026
The Court of BiH acquits former OSA Agency Director of Charges of Abuse of Office
October 20, 2026
Authors of the Film about Alija Izetbegovic: Preserving Testimonies and preventing Historical Manipulation
October 20, 2026
Searches at Eight Locations in the Tuzla Area
October 20, 2026
Bronze Medal and three fifth Places for BiH Karate at the World Championship
October 20, 2026
SBiH: Cooperation with other Political Entities on Work Program Documents
October 20, 2026
An Orange Warning issued for the Area of Herzegovina
October 20, 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?