Friday, February 1, 2008


SARAJEVO, Bosnia (February 1,2008) – The Bosnian Presidency adopted on at the emergency session in the Bosnian capital Sarajevo the Bosnian State Budget Draft for 2008. The President of the Bosnian Presidency Zeljko Komsic and a member of the Bosnian Presidency Haris Silajdzic voted for the proposal and a member of the Bosnian Presidency Nebojsa Radmanovic voted against the proposed budget.

”The issue is that the first version of budget was increased in the amount of 40 million Bosnian Marks”, Bosnian Presidency member Haris Silajdzic stated.

He stated that from that sum 25 million Bosnian Marks has been planned for return program, 10 million Bosnian Marks for science and development, that is, association funds, and 5 million Bosnian Marks for the Bosnian Ministry of Foreign Trade – the agricultural projects.

”I am of the opinion that more money needs to be ensured for the returnees. We asked the sum of 108 million Bosnian Marks. We cannot be completely satisfied because 36 million Bosnian Marks has been ensured from the amount”, Silajdzic said.

president Komsic remained loyal to his demand related to science and research projects and the Bosnian Ministry of Foreign Trade and Economic Relations. However, Radmanovic is of the opinion that this budget is not realistic and that there are many objections to be made against it, especially in relation to indirect taxation incomes.

Silajdzic emphasized that “Radmanovic holds important whether or not the budget will increase in the amount of 2,7 per cent. However, he did not accept the projection that it will be increased per 12 per cent. Bosnia is a country in which we are building institutions that we do not have yet and are implementing projects that are in our reforms program. All that can be achieved through budget”.

”Indirect taxation incomes are mainly directed towards the state and the remaining sum of money will be directed towards the entities. Sadly, we could not have reached an agreement on that issue, primarily because of the height of the budget”, Silajdzic stated and added that he regrets a consensus was not achieved.

”This new draft proposes the Bosnian state budget for 2008 in the amount of 1.231.357.560 Bosnian Marks. It will be sent to the Bosnian Parliament for procedure on behalf of the Bosnian Presidency”, the Bosnian Finance and Treasury Minister Dragan Vrankic stated.

Silajdzic is of the opinion that it would be good if the proposal of the budget is adopted at the Bosnian Parliament.

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