Will BiH finally get its 2024 budget today?

(Patria) - The House of Peoples of the BiH Parliament will today, at an emergency session scheduled for 11 AM, consider the request of the BiH Presidency for the Draft Law on the Budget of BiH Institutions and BiH's International Obligations for 2024 to be considered under an urgent procedure.

The House of Representatives adopted this law under an urgent procedure at its session on July 16.

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House of Representatives adopted the BiH Institutions Budget

(Patria) - The House of Representatives of the BiH Parliament, under an urgent procedure at today's emergency session, adopted the Budget of BiH Institutions for this year.Amendments to two laws were also adopted - on the High Judicial and Prosecutorial Council (HJPC) of BiH and on public procurement

The procedure in the BiH Parliament was preceded by the BiH Council of Ministers first establishing the draft budget law at its session on July 4.

The BiH Presidency, a day later, established the Draft Law on the Budget of BiH Institutions and BiH's International Obligations for 2024 and, as the authorized proposer, sent it to the BiH Parliament for consideration and adoption.

The BiH Council of Ministers unanimously established the Draft Law on the Budget of BiH Institutions for 2024, with corrections at the session relating, among other things, to an increase in the budget of the BiH Ministry of Defence by KM 1,750,000 compared to the initially planned funds, and an increase in the budget of the BiH Presidency by KM 500,000.

At the same time, the budgets of the BiH Ministry of Security were reduced by KM 950,000 compared to the initially planned funds, the Veterinary Office by KM 500,000, and the Administration for Enforcement of Sanctions, Detention and Other Measures by KM 800,000, the BiH Council of Ministers announced.

Total revenues, receipts, and financing of BiH institutions within the 2024 budget amount to KM 1,355,400,000, which is an increase of KM 40 million compared to 2023.

Total expenditures of BiH institutions amount to KM 1,355,400,000 and are three percent higher compared to the previous year, while the servicing of BiH's external debt amounts to KM 1,430,733,053.

Total expenditures of BiH institutions and servicing of BiH's external debt in the 2024 budget amount to KM 2,786,133,053, which is an increase of KM 224,766,691 or nine percent compared to 2023.