The FB&H government adopted a decision on the adoption of a program of expenditure of funds of current transfers ‘’subsidies to public enterprises-transfer to FB&H Railways’’, established with the budget of the FB&H for 2014 to the FB&H Ministry of Transport and Communications.
The funds, in a total amount of 22.000.000 BAM, will be allocated according to the purpose of which the Company Railways of the FB&H d.o.o Sarajevo will get 21.340.000 BAM, and 660.000 BAM for the B&H Railway Public Corporation.
Transfer funds will be transferred in equal monthly amounts to users, announced the Press Office of the FB&H government.
The purpose of the program is the implementation of the law on financing of rail infrastructure and co-financing of passenger and combined traffic, by which the FB&H finances railway infrastructure and co-finances rail transport and combined transport, and finances the work of the B&H public corporation Sarajevo under the agreement between the FB&H and the RS on establishing joint railway public corporations as a part of transport corporation.
(Source: Fena)
