Gratz: Draft Budget of the Federation for 2016 is so bad it cannot be fixed through amendments

MP of Our Party in the Parliament of FBiH Dennis Gratz said he will not support the Draft Budget of FBiH for 2016, because the proposed draft cannot ensure the reforms needed in the Federation to improve the lives of citizens.

Gratz criticizes how the Government of FBiH plans to spend the entire budget for 2016, which is over 2.5 billion KM, on debt repayment and current expenses, while only a small portion, less than ten percent, will be spent on the real sector, reports the Bosnian news agency Patria.

Gratz says the proposed Draft Budget is so catastrophic that it cannot be fixed through amendments.

The House of Representatives of the Parliament of the Federation of BiH will discuss today the Draft Budget of FBiH for 2016 and the Draft Law on the Execution of the Budget of FBiH for 2016, writes Patria.