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: How will the Excise Money be actually used?
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 > OUR FINDINGS > OTHER NEWS > How will the Excise Money be actually used?
OTHER NEWS

How will the Excise Money be actually used?

Published: January 31, 2018
Share
SHARE

In a long, hard and energetic struggle to adopt the Law on Excise Duties in BiH, which comes into force on February 1, and which will mean that the price of fuel will be increased by 15 fening per liter, it was emphasized that there is no construction of highways and infrastructure works in BiH without new excises.

“The money collected from excise taxes will be strictly monitored, it will be deposited on special accounts, and BiH will become the largest construction site since the war.” This was used as the alibi of those parliamentarians who gave their vote for the increase of prices of fuel in our country.

However, Minister of Finances of BiH Vjekoslav Bevanda spoke quite differently.

“Entity companies for the construction of highways were rated as loan incompetent by creditors. All the loans that were in the contracting phase or already contracted were frozen. This additional excise tax will not go on a construction of a highway. It is certain that the loans that were taken will be returned. That’s the basics of the story of excise taxes,” noted Bevanda.

The opposition representatives who did not support the adoption of the Law on Excise Duties warned that the new taxes will not be used for the construction of new kilometers of the highway, but for budget holes, which was denied by the government all the time.

The prices of fuel in BiH will be increased by 2 BAM after the excises. The fuel price in the country was increased by 0.40 BAM in the last few months.

(Source: nap.ba)

Lawsuits Rejected: Bosniak Camp Detainees to pay 7,000 BAM of Court Costs?
Sarajevo Canton Without Gas & Employees of Toplana and Sarajevogas Without Salaries
Bio-meteorological Forecast for Wednesday, August 20th 2014
Trial to General Atif Dudakovic continues Today
The Confucius Institute opened in Banja Luka
TAGGED:#construction#excise taxes#fuel#highways#pricebudget holesinfrastructure projectsthe Law on Excise DutiesVjekoslav Bevanda
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 Unusual Story: They replaced Life in Vienna with a Village in BiH
Next Article Elvedina Muzaferija carries the BH Flag at the Opening of the 23rd WOG in Pyeongchan
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

The Tenth Jubilee Edition of the Vucko Trail, the largest Trail Race in BiH
June 20, 2026
Great Anniversaries of Svrzo’s House and a unique Setting for Damir Imamovic’s Sevdah
June 20, 2026
Work on Corridor Vc Slowed Down: FBiH Government Extends Toll Suspension
June 20, 2026
Edin Dzeko is an Idol for the young Players
June 20, 2026
Food Safety Agency of BiH: Condition Good, but Risk Must Be Reduced to a Minimum
June 20, 2026
Barbarez’s Major Interview: “Countless times, looking in the mirror, I asked myself: Is that really me?”
June 20, 2026
These Are the Most Significant Decisions Christian Schmidt Will Be Remembered For
June 20, 2026
Once-in-a-Lifetime Opportunity: City in Bosnia and Herzegovina Offers Apartments for One BAM per Square Meter
June 20, 2026
BiH officially on MONEYVAL’s Gray List: Consequences for Citizens, but also Businessmen
June 19, 2026
Konakovic and Gerapetritis: No Open Issues, Strong Prospects for Enhanced Cooperation
June 19, 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?