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: The Parliament of FBiH to decide on how to spend Millions of USD paid by Russia
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 > The Parliament of FBiH to decide on how to spend Millions of USD paid by Russia
POLITICS

The Parliament of FBiH to decide on how to spend Millions of USD paid by Russia

Published: August 11, 2017
Share
SHARE

The Russian Federation paid a clearing debt in the amount of 125.1 million USD to Bosnia and Herzegovina. The Federation of BiH received 58 % or a total of 72.591.543 USD, Republika Srpska received 29 % or 36.295.771 USD, institutions of BiH received 10 % or 12.515.783 USD and Brcko District received 3 % or 3.754,735 USD.

The RS is planning to spend part of that money on incentives for agricultural producers, while the Government of FBiH is planning to spend that money on infrastructure projects. However, until the possible budget rebalances for 2016 or the new budget for the next year, this money will not be used for that purpose.

That was confirmed by the Prime Minister of the FBiH Fadil Novalic, who said that “the Government of FBiH decided not to spend this money on some budget needs, but to invest in the fast-road Lasva-Travnik”.

“However, let us not forget that the final word has the Parliament of FBiH through a budget rebalance. That is the last word. We cannot say what the Parliament will decide, but we know what we will – we will propose that it goes on Lasva-Travnik,” stated Novalic.

If parliamentarians do not support it, the money will remain unused in the account of the FBiH.

(Source: faktor.ba)

Cudic: Citizens are hopeless, Decisions of Izetbegovic and Covic lead to Division of BiH
CEC rejected the proposal of the Coalition of Republika Srpska and SNSD
VArhelyi and BiH Security Minister sign Half Million Euros worth Memorandum of Understanding
A Village Hum in Bugojno: Forgotten Beauty that is hard to describe
Ninety Percent of controlled Public Procurements are risky and prone to Corruption
TAGGED:#BiH#infrastructure#investment#money#russiaclearing debtfast roadthe Parliament of 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 The Public Observation of Meteor shower or Perseids on Bjelasnica
Next Article Analysis: Production and Sales of Forest Assortments in BiH
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

23rd Anniversary of the Opening of the Potocari Memorial Center: An Enduring Reminder of the Genocide
September 20, 2026
The CS MoI thanked the Citizens after the Parade of Police Forces
September 20, 2026
Two Persons arrested over Money Forging in BiH
September 20, 2026
Two Bronze Medals for BiH Karate Athletes at Youth League Tournament in Mexico
September 20, 2026
The Price of Tickets for the Match with Romania is in advance from Tomorrow
September 20, 2026
Bosnia and Herzegovina still has 756 Square Kilometers under Mines
September 20, 2026
Puerto Flamenco Kicks Off Its Tour in Bosnia and Herzegovina with Ovations
September 20, 2026
Arnautovic: Our Citizens Voting Outside BiH Must Be Automatically Registered by the State
September 20, 2026
Srebrenica Memorial Center Presents Good Practices from Bosnia and Herzegovina to Activists from Ukraine
September 20, 2026
CBBiH: Orders worth almost 67.7 Million BAM were settled through Instant Payments
September 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?