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: Will the Amount of the Monthly Child Allowance increase in BiH?
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 > Will the Amount of the Monthly Child Allowance increase in BiH?
BUSINESS

Will the Amount of the Monthly Child Allowance increase in BiH?

Published March 28, 2022
Share
SHARE

The draft law on material support to families with children in the FBiH should be considered on Monday at the session of the House of Representatives, and on Thursday at the session of the House of Peoples of the FBiH Parliament.

Federal Minister of Labor and Social Policy Vesko Drljaca told Vijesti.ba that the existing social protection system is not fair and is financially unsustainable. The new proposal increased the amount of the monthly child allowance by as much as three times from the current one. With this, more than 80,000 children will receive a monthly allowance of 103 BAm, Avaz writes.

What does this mean in practice and what is the ultimate goal?

“It should be pointed out that these are program goals that are part of the social policy I represent. This is really a great success because for the first time in post-war BiH we raised the child allowance by as much as three times more than in the previous fiscal year. That is not enough, but we are really investing maximum forces so that this amount will be significantly increased again next year” he explained.

Higher social benefits

We are aware of the fact that these funds are insufficient for some final goal, and that is that it can no longer happen in the future that for any reason this amount is not increased – says Drljaca.

He adds that this solution enables that, as the lowest salary grows, it is obligatory to adjust the amounts, ie increase social benefits.

“Although this is a significant success of this ministry, I would like to point out that regardless of this new framework, we will certainly continue activities that would enable new extraordinary increases in social benefits for our categories. With this Law, we have corrected the long-standing discrimination that existed among children, depending on the canton in which they live, and that as a result we will mitigate the consequences of poverty and reduce the socio-economic gap between rich and poor families. For these reasons, instead of the average net salary in the Federation, the lowest salary in the Federation is determined as a basis in accordance with the Labor Law, which is adjusted once a year taking into account the increase in consumer prices and gross domestic product in the Federation, says Drljaca,” adding that in the budget of the Federation of BiH, for these purposes, it is planned 50 million BAM to be allocated.

Equal rights for all mothers

The law equalizes the rights of all mothers. The law stipulates that this compensation cannot be lower than 55% of the minimum wage.

“Due to the extremely social character of the Law, it should be emphasized that the Law on Material Support to Families with Children regulates the exclusive right to financial assistance to unemployed mothers, whereby the conditions for exercising this right are standardized and simplified for the entire Federation. In this way, legal preconditions are created for the elimination of current discrimination based on place of residence, and every unemployed mother is provided with material support in the amount of 55% of the minimum wage (about 298 BAM per month) for up to 12 months from the child’s birth,” explains Drljaca.

It is estimated that there will be slightly more than 9,000 beneficiaries of this right, and the cantons may determine higher amounts of fees for financing this right, in accordance with their capabilities.

Top 10 Business News and Events of the past Week

Akova’s Products soon to be exported to the EU?

Awards to Most Successful in Financial Market

Federal Minister of Energy announces Increase of Gas Prices

Increase in Production of Drinking Milk and Products in Bosnia and Herzegovina

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 Veselinovic hopes High Inflation in BiH will be short-lived
Next Article Italians give up 60 Million BAM of Investment in Banja Luka
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

Elvedina Muzaferija and Esma Alic Today at the WOG Milano Cortina 2026
February 15, 2026
The US and Iran are expected to hold a Second Round of Nuclear Talks
February 15, 2026
Izetbegovic warned against Attempts to spread false Narratives about BiH
February 15, 2026
One-month Detention proposed for Tram Driver
February 15, 2026
Members of the BiH Presidency spoke with the Deputy Secretary General of NATO
February 15, 2026
Ursula von der Leyen: Europe Must Be Ready to Defend Itself at All Times
February 15, 2026
Cantonal Prosecutor’s Office: Human Error Caused Tram Accident, Vehicle Was Technically Sound
February 14, 2026
Thousands Gather in Sarajevo Demanding Accountability After Fatal Tram Accident
February 14, 2026
Cvijanovic meets the Head of the Bureau for Europe and Eurasia in the US State Department
February 14, 2026
The Company from Bratunac signed a Contract with the Ministry of Defense of Azerbaijan
February 14, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?