Thursday, October 9, 2008

GREGORIAN IMPOSES FINANCIAL PENALTY ON BRCKO DISTRICT GOVERNMENT MEMBERS

BRCKO, Bosnia (October 9,2008) - The Brcko District Supervisor Raffi Gregorian issued an order yesterday to impose a financial penalty on the Brcko District government members, in the amount of one monthly salary, for their failure to adopt the 2009 Draft Budget within the deadline set by the Statute.

Gregorian made the decision the same day that the government actually adopted the document. Gregorian further instructed the Assembly to proceed with the adoption process, despite this deadline breach, and extended its deadline by the end of 2008.

"The failure to adopt the budget in time could threaten the District’s financial stability, which is something I cannot tolerate", Gregorian explained.
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