The Ministry of Finance of the Republika Srpska responded to the Embassy of the United States of America, from which they said earlier today that the Government of the RS borrowed more than 1.1 billion BAM on the Banja Luka Stock Exchange in the last 18 months alone.
“It is a significant sum that does not include commercial loans whose terms are not available to the public,” the US Embassy in BiH said, asking the Government of the RS where all the money went, taking into account that the Government of the RS ended up with deficit and continues to have problems with meeting obligations and deadlines for payment of social services and subsidies in agriculture.
“The American Embassy’s statement on the state of the debt is fully in line with the pressures that the Republika Srpska is facing and the interference in internal politics in an extremely inappropriate and superficial way”, they were told by the Ministry of Finance of the RS.
As they added, they are not surprised by such an announcement, but they are surprised that certain media “immediately got involved in spreading lies”.
“The Ministry of Finance of the Republika Srpska denies all lies about the state of finances, which aim to further create unrest and increase the effect of sanctions,” they added.
They pointed out that Republika Srpska has no problems with the level of indebtedness, nor with the repayment of existing obligations.
“At the same time as the planned borrowings, all budget obligations and old debt are regularly repaid. All realized long-term and short-term issues are available to the public on the website of the Ministry of Finance,” they concluded in the announcement.
