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Sarajevo Times > Blog > BUSINESS > The Number of Employees in State Institutions in BiH decreased
BUSINESS

The Number of Employees in State Institutions in BiH decreased

Published July 28, 2022
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The Council of Ministers of Bosnia and Herzegovina adopted the Report on the execution of the Budget of the institutions of Bosnia and Herzegovina and the international obligations of Bosnia and Herzegovina for the year 2021.

The total revenues, receipts and financing available to the institutions of BiH last year amounted to 1,056,921,442 BAM and are 6% higher than planned.

At the same time, the total realized expenditures and expenditures amounted to 929,555,358 BAM and are lower by about 59.5 million BAM compared to the previous year, due to the temporary financing of BiH institutions throughout 2021.

The decrease in expenditures primarily refers to the lower execution of current grants and transfers, as well as the lower execution of capital expenditures by BiH institutions compared to the previous year.

Gross wages and compensation of employees’ expenses remained at the same level as in 2012, which continued the implementation of the decisions of the BiH Council of Ministers on their reduction. At the same time, a decrease in the number of employees in BiH institutions was recorded last year.

In the last year, all due obligations based on the external state debt were settled in a timely manner in the total amount of 772,787,436.86 BAM.

At the session, the Report on the execution of the Budget of the institutions of Bosnia and Herzegovina and the international obligations of Bosnia and Herzegovina for the period I – III of 2022, when temporary financing was in effect, was also adopted.

According to the Report, the total revenues, financing and receipts available to the institutions of Bosnia and Herzegovina in the first quarter of 2022 amounted to 236,891,731 BAM, and expenditures and expenses to 214,862,641 BAM and are less by about 8.5 million BAM compared to the same period of the previous year.

The total expenditures and for the servicing of the foreign debt of BiH in this period amounted to 165,374,433 BAM and are lower by about 8.8 million BAM compared to the previous year.

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Population and private Companies lead in Savings: Deposits in BiH exceed 33 Billion BAM

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Central Bank of BiH reveals Statistics on Work for the Last Year

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