Saturday, January 12, 2008

FBIH ENTITY GOVERNMENT PURCHASED ADDITIONAL AMOUNTS OF WHEAT

SARAJEVO, Bosnia (January 12,2008) – The FBIH Entity Minister of Agriculture, Water Management and Forestry Damir Ljubic stated in the Bosnian capital Sarajevo that the FBIH entity government has purchased in the past few days 10.000 tons of wheat from Croatia and Hungary in order to stabilize the prices of bread and flour and that the government also intends to purchase additional 40.000 tons of wheat.

Ljubic added that negotiations were in progress in the past two days with the representatives of the Klas bread company on the occasion of their announcement to increase the prices of bread and flour from January 11. He added that Klas is the only company which will increase the prices of those products.

He emphasized that all the wheat stocks will be put at the disposal of the bakery industry in the FBIH entity.

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