The public debt of the Republika Srpska is the smallest since its creation and currently amounts to 34.6 of the gross domestic product (GDP), said the Prime Minister of the Republika Srpska Radovan Višković.
“The Republika Srpska is not over-indebted and fulfills all due obligations, both to creditors and to all budget users, on time and in accordance with the planned budget,” Višković told Srna, when asked to comment on the increasingly frequent information about the alleged over-indebtedness of the Republika Srpska.
According to him, the total debt, which includes external and internal debt (including the debt of the Republic of Srpska, the debt of municipalities and cities, public companies and the IRB, and social security funds), amounts to 41.1 percent of GDP, while the upper limit is 60 percent of GDP.
He pointed out that 25,000 securities worth 34.43 million BAM were sold at the auction today through the Banja Luka Stock Exchange.
According to him, these are six-month treasury bills of the Republika Srpska, with an achieved interest rate of 2.2 percent, and the decision to accept the offered amount was primarily influenced by the achieved interest rate.
Višković emphasized that the issuance of treasury bills is planned by the republican budget, and that it is in accordance with the Law on Borrowing, Debt and Guarantees of the Republic of Srpska and the Decision on short-term borrowing through the issuance of treasury bills for the year 2023.
