The Government of the Republika Srpska adopted today in Banja Luka Information on the implementation of the procedure for awarding incentives to increase the wages of workers with the effects of the incentives granted for the accounting period July-December last year, in which an incentive of 10.53 million BAM was approved for 844 economic entities that increased their wages for 29,914 workers.
The procedure for allocating funds is regulated by the Law on Incentives in the RS Economy and the Rulebook on the Procedure for Allocating Incentives for Increasing Workers’ Salaries.
870 economic entities employing 57,845 workers applied for incentives in the ninth accounting period from July 1 to December 31 last year, the RS Government Bureau for Public Relations announced.
The largest amount of incentives for increasing workers’ wages was granted to business entities from the processing industry in the total amount of 3.85 million BAM, or 37 percent.
In the entity budget for this year in the position – subsidies in the name of incentives for increasing the wages of workers, the funds are planned in the amount of 15,560,000 BAM.
“Given that previous analyzes of the effects of the allocation of incentive funds for salary increases indicate positive trends, we believe that the allocated incentive funds have achieved the appropriate effects and justified the expected results,” said the Government of the RS.
An action plan was adopted for the implementation of the strategy of attracting foreign investments
The Government of the RS adopted the Action Plan for the implementation of the Strategy for Attracting Foreign Investments for the period 2024-2026. year with the aim of encouraging and promoting foreign investments, for which approximately 588,000,000 BAM is tentatively planned.
Indicative funds available for the implementation of the Action Plan for the implementation of the Strategy for Attracting Foreign Investments in the RS for the period 2024-2026 year are 587,899,748 BAM, of which RS budget funds make up 26 percent, and funds from other sources make up 74 percent.
Strategic goals were elaborated through 27 measures and 61 activities.
The measures, projects and activities for which financial resources have been provided for implementation in the observed period, as well as certain activities that will contribute to the implementation of the Strategy, are listed, but the amounts are not specified for them, since they are performed within the regular work of the activity holders.
The sources of funding for the Action Plan are the RS budget and funds provided from other sources / donor funds, projects, loans from international financial institutions and others, it was stated.
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