Tuesday, February 12, 2008

PRINCIPLES OF THE DRAFT LAW ON BOSNIAN STATE BUDGET FOR 2008 SUPPORTED

SARAJEVO, Bosnia (February 12,2008) – The Financing and Budget Commission of the Bosnian Parliament's House of Representatives supported yesterday the principles of the draft law on the Bosnian state budget for 2008.

However,representatives of the Serbians living in Bosnia were against the principles. SNSD Party delegate Lazar Prodanovic explaining his disapproval stated that during the conclusion of the draft law. One of the Bosnian Presidency members was outvoted and that suggested budget is too expanded, illegitimate and in that sense unconstitutional.

For the SNSD Party the only acceptable proposition would be one which was formerly given by the Bosnian Council of Ministers in the amount of 1.186.357.560 Bosnian Marks.

Other Commission members mostly stated that the principles of the draft law should be supported and in the second phase, through amendments make certain corrections acceptable to everyone.

The Bosnian Presidency at the end of January confirmed the draft law on the Bosnian state budget and international obligations for 2008 according which the budget would amount to 1.231.357.560 Bosnian Marks.

Prior to this, they did not adopt two former propositions delivered by the Bosnian Council of Ministers. First was 1.191.357.560 Bosnian Marks, and the second corrected draft was 1.186.357.560 Bosnian Marks.

No comments: