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: Reduction of previously increased Prices recorded in BiH
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 > Reduction of previously increased Prices recorded in BiH
BUSINESS

Reduction of previously increased Prices recorded in BiH

Published: March 24, 2022
Share
SHARE

Federal market inspectors have recorded a significant number of cases of reduction in previously increased prices in the Federation of Bosnia and Herzegovina (FBiH), the Federal Administration for Inspection Affairs (FUZIP) said, warning that there is still a large percentage of businesses with irregularities.

Elmir Ramic, the chief federal market inspector by authorization, stated that 12 federal market, tourism, and catering inspectors have been focused on controlling gas stations since the beginning of March, according to requests and information from the Federal Ministry of Trade on fuel prices increase and consumer complaints.

Also, federal market inspectors continuously control the formation of prices of basic foodstuffs and other products from the list of 17 products covered by the FBiH Government Decision.

Although there is still a large percentage of businesses with irregularities (57 percent), inspectors also record a significant number of cases of declining previously increased prices. Apart from the global increase in prices of raw materials and imported products, the increase in prices and shortages in FBiH are influenced, unfortunately, by excessive demand due to the fear of citizens from shortages and price increases, which is why we appeal to the citizens not to accumulate stocks and in that way contribute to the stabilization of the market,” Ramic stressed.

In the intensified inspections regarding the formation of prices and margins in accordance with the decisions of the FBiH Government, the Federal Market Inspectorate of the FUZIP has implemented 184 inspections since the beginning of 2022, which identified 105 irregularities, including 206 misdemeanor warrants in the amount of 230.350 BAM.

Due to the identified irregularities, 13.000 liters of diesel were put out of the market and confiscated from one trader of petroleum products. Also, federal inspectors carried out 88 control inspections for the purpose of monitoring and maintaining the situation in accordance with the measures prescribed by the decisions of the FBiH Government.

Taking into account the limited number of federal inspectors who are continuously present throughout the FBiH, the FUZIPalso turned to the cantonal inspection bodies for support.

According to the sublimated results of federal and cantonal inspections in the FBiH, from the beginning of 2022 to March 20th, 2022, 467 inspections were performed, within which irregularities were identified, which means issuing 298 misdemeanor orders with a total cost of 286.700 BAM.

E.Dz.

Source: Federalna

 

 

Plant health regulations harmonized with EU standards
Young People from Donji Vakuf revived the Hadžija’s Mill
B&H Presented Cheeses in Belgrade
Energoinvest successfully completed the Project of Transmission Line Construction in Albania
Contracts worth 100 million BAM signed at the Mostar Economy Fair
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 most modern Energy Complex in BiH worth 53 Million Euros opened
Next Article Over Three Thousand Citizens of Ukraine arrived 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

ITA: “Announced strike is not underway; all units are operating without disruption”
September 1, 2026
Indictment against Six Persons for crimes in Sanski Most and Manjaca submitted to the Court of BiH
September 1, 2026
BiH FM in Vienna: Talks about Strengthening Cooperation with the Republic of Austria
September 1, 2026
Who is the Organizer of the Rally for Ratko Mladic in Srebrenica?
September 1, 2026
EU in BiH and BiH CEC: New Election Technologies to Increase Trust of Citizens in Electoral Process
September 1, 2026
Samir Avdic hosts the Mayor of Barcelona Jaume Collboni
September 1, 2026
Prime Minister of Croatia on a Working Visit to Mostar
September 1, 2026
Turkish Representative Delegation Marks Change of Command at EUFOR Headquarters
September 1, 2026
First Balkan Shield 2026 starts Today in Sarajevo
September 1, 2026
Prime Minister of Croatia to arrive on an Official Visit to BiH
August 31, 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?