Sunday, December 2, 2007

FBIH ENTITY HOUSE OF REPRESENTATIVES APPROVES DRAFT BUDGET FOR 2008

SARAJEVO, Bosnia (December 2,2007) – The FBIH Entity House of Representatives approved at a session held in Sarajevo the FBIH Entity Draft Budget for 2008, with 65 votes over five opposing and 7 votes in abstention. The FBIH Entity Government proposed budget in the amount of 1,746,697,278 Bosnian Marks.

That is per 160,4 million Bosnian Marks or 10,1 per cent higher that the rebalanced budget for this year and compared with the last year’s budget, this is an increase of 607,1 million Bosnian Marks or 53,3 per cent.

It is expected that the indirect taxation money will make up most of the 2008 Budget sum – the total of 1,196,308,540 Bosnian Marks; which is per 116,3 million Bosnian Marks higher than the planned amount of money in this year’s period.

No comments: