By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: What does the Decision on the “Government Consumer Basket” mean?
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > BUSINESS > What does the Decision on the “Government Consumer Basket” mean?
BUSINESS

What does the Decision on the “Government Consumer Basket” mean?

Published: February 15, 2022
Share
SHARE

Since 2008, the Entity Bureau has not calculated or published data on how much money a family in the Federation of Bosnia and Herzegovina (FBiH) needs to survive a month. Even though the consumer basket has been retained in the statistical reports of neighboring countries, including the Republika Srpska (RS)entity, it has not been determined in the FBiH for years.

In essence, it was necessary to hide, at least in the official statistics, the shame of how the majority of citizens in FBiH live. However, until we receive the official report, it will be necessary, as announced in recent days, to form a working group, make a methodology for calculating the price of the consumer basket…

On the other hand, the amount of the consumer basket is calculated by the Confederation of Independent Trade Unions (SSS) of BiH, which published data that in December 2021 the minimum costs of a family of four amounted to 2.265 BAM and were 75.37 BAM higher than in November.

At the same time, the average salary in FBiH is 999 BAM, so it is clear that even families with two employees barely survive in FBiH.

The President of SSSBiH Selvedin Satorovic said that since March 2019 they have been regularly publishing data on the minimum cost of living and that the FBiH Government had nothing against it until mid-2020 when it became clear that prices, especially food and hygiene products, are constantly rising and that more and more citizens are finding it increasingly difficult to survive. The accusations that the data is being “cut” from the Government began to arrive after the request that the minimum wage in FBiH is 1.000 BAM.

Strange formula

The SSSBiH expects that according to “some strange formulas”, the data on the “Government Consumer Basket” will show significantly lower amounts.

”They will try to convince us that we eat too much, that we are throwing money away, and that we need as much money for life as they determine for us,” Satorovic pointed out.

Focus on food

When it comes to the consumer price index, with which salaries and pensions in the country should be adjusted, Cenic mentionedthat in the United Kingdom (UK) the prices of 180.000 products are monitored per month, in the United States (U.S). and the European Union (EU) 80.000 products, and the representative products are in a special category. We focus on 617 items, mostly food.

 

E.Dz.

Source: Avaz

Decrease in Number of Building Permits in Bosnia and Herzegovina
Significant Increase of Savings in Banks in Montenegro
New Law on Excise Duties in BiH by the End of the Year?
Swity has a Prospect to export to Market of the USA and Australia
By Investing in BiH Chinese Investors Get Access to Regional and the EU Market
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Kopic: Citizens are sleeping while the criminal Government is trampling them
Next Article Rangel: A Series of escalation Steps in BiH, RS violates the Constitution
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2KFollowersLike
10.1KFollowersFollow
414FollowersFollow

Latest News

A New Chapter for Austria’s EUFOR Contingent
September 30, 2026
Football Association of BiH invited the Fans to a special Move for Dzeko’s Farewell
September 30, 2026
Ursula von der Leyen is starting a Three-day Visit to the Western Balkans
September 30, 2026
CEC BiH holds a Meeting with Ambassadors gathered around the “Friends of the Western Balkans” Group
September 30, 2026
UEFA appoints Referees for the Match Bosnia and Herzegovina – Sweden
September 30, 2026
Canton Sarajevo establishes a Protocol on urgent Care of Patients
September 30, 2026
Fourth Decade of Success: Preserving Bosnian Language and Connecting Generations in the Heart of the United Kingdom
September 30, 2026
BiH Foreign Minister to participate in the Ministerial Meeting of the Berlin Process
September 30, 2026
The Poles “Fear” the Dragons: Bosnia and Herzegovina Is Growing into the Second Force in Group IV
September 30, 2026
Historic Success for Adnan Alagic: Three Gold Medals, Fifth World Champion Title, and Athlete of the Year Recognition
September 30, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?