Republika Srpska (RS) will be borrowing additional 45 million BAM soon, which the new, five-year bonds emission is amounting, for which the entity Ministry of Finance issued a public tender.
Referring to the decision of the Government of RS on the 7th of December, Minister Zoran Tegeltija in the public tender for the purchase, which was published in the daily newspaper, announced that the auction will be held on the 28th of December this year.
RS borrowed the last emission bond on the 19th of October, also in the amount of 45 million BAM.
According to the calendar of auctions for 2015, the last debt this year was supposed to be emissions of six-month treasury bills, on the 22nd of December.
It is obvious that the Government decided on unscheduled, additional borrowing of 45 million BAM, because there is no other way to cover up the missing budget revenues.
Also, besides notice of the loan from Global Bancorp Commodities & Investment, the US fund with questionable reputation, in the amount of 300 million USD, new details of implementation were not published.
On the 26th of November, representatives of the Alliance for Change submitted a criminal complaint about the “unlawful and unconstitutional decisions on credit obligations of RS” in the amount of 300 million BAM to the District Prosecutor’s Office in Banja Luka.
(Source: klix.ba)