Bosnia and Herzegovina approves 2021-2023 budget

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Bosnia and Herzegovina approves 2021-2023 budget

The budget for the year 2023 was received by the Federation of Bosnia and Herzegovina in the amount of 6.7 billion BAM.

The budget is 1.1 billion BAM higher than last year.

This was confirmed by decisions at the House of Representatives yesterday and at the House of Peoples of the Federal Parliament at the end of yesterday evening.

The budget was proposed by the Federal Government and will become operational the day after it is published in the Official Gazette of FBiH.

The Law on Budget Execution was approved at the two parliamentary chambers yesterday and today.

The Financial Plans for the Federal Institute for Health Insurance and Reinsurance, the Employment Institute and FERK were accepted this year, as well as the Law on Amendments to the Law on Contributions.

Both houses of the Federal Parliament, which happened in these two days, required support in the same texts of the proposed acts.