The total budget means intended with the Draft Budget of Republika Srpska for 2016 amount to three billion and 127 million BAM, which represents an increase by one billion and 43.9 million BAM, i.e. 50.1 percent in comparison with means intended with the rebalance of the budget for this year.
Reason for increase in budget framework is the transition of Pension and Disability Insurance (PIO) Fund to treasury mode of operation, actually the payment of pensions in the RS from the treasury.
In the draft entity budget for 2016, which is to be considered today by the delegates in the National Assembly of RS, outflows for repayment of debts amount to 669.2 million BAM, which is by 159.1 million BAM or 31.2 percent more compared to the funds intended with rebalance of the budget for 2015.
Expenditures for personal incomes in 2016 amount to 722.6 million BAM, which is an increase by 16.9 million BAM or 2.4 percent in comparison with funds planned with the rebalance of budget for 2015.
Planned increase is a result of planning funds for personal incomes of the Main Audit Service for Public Sector of RS on the position of expenditures for personal incomes in the amount of 3.5 million BAM, as well as funds for personal earnings of employees of the Institute for Pension and Disability Insurance in the amount of 13.8 million BAM. The Institute is to become a budget user as of 2016.
Expenses arising from use of goods and services in 2016 amount to 102 million BAM; which represents an increase by 3.2 million BAM or 3.3 percent in comparison with means intended with the rebalance of budget for 2015.
(Source: akta.ba)
