How the money was spent: From the FBiH Budget, most goes to salaries, pensions, subsidies to public enterprises

The FBiH Government has submitted to the FBiH Parliament the Report on the Execution of the FBiH Budget for 2015, writes the Patria news agency.

The Government claims a positive financial result (surplus) was achieved, meaning total revenues, receipts and financing exceeded total expenditures and outlays by 89.8 million convertible marks.
 
Amendments to last year's Budget had planned funds of 2,348.4 million KM based on revenues, receipts and financing, of which 2,281.7 million KM was realized, representing a 97 percent implementation rate.
 
Compared to 2014, realized revenues, receipts and financing recorded a two percent lower execution, or 47.1 million KM less.
 
Total calculated expenditures and outlays for 2015 amount to 2,191.8 million KM, which is 93 percent of the amount planned by the Amendments to the FBiH Budget.

Cash-based expenditures and outlays amount to 2,006.3 million KM, which is 92 percent of the total calculated amount.
 
Compared to the execution in 2014, expenditures and outlays recorded a two percent lower execution, thus in absolute terms they are 55.7 million KM less. Thus, gross salaries and compensation recorded a two percent lower execution, and the position "Employer contributions" recorded an eleven percent lower execution compared to the previous year.
 
CURRENT TRANSFERS

Current transfers and other current expenditures last year totaled 967.4 million KM. The largest allocations under this basis relate to transfers for MIO (234.4 million KM), for disability benefits (294.3 million KM), for non-war disability benefits (133.2 million KM), for the implementation of the Law on Special Rights of War Decoration Recipients (15.7 million KM), and for transfers to civilian victims of war (26.4 million KM).

It is important to note that within the transfers for MIO, 18 million KM of verified debt to this fund was paid.
 

SUBSIDIES TO ENTERPRISES

When it comes to subsidies to public enterprises, out of a total planned 58.1 million KM, in 2015 budget funds of 53 million KM were realized, which is 91 percent of the planned amount. The spent funds relate to subsidies to the Railways of FBiH public enterprise (22 million KM), consolidation of coal mines in FBiH (17.4 million KM), transfer to the Elektroprivreda HZHB public enterprise based on subsidy of electricity costs (2.3 million KM), as well as subsidies to the BH Airlines public enterprise (one million KM), airports in Mostar and Tuzla (0.4 million KM each), the MIO pension fund (1.2 million KM), Terminals of the Federation of BiH (6.8 million KM), "Energoinvest" for payment of gas fees (0.6 million KM) and for RTV BiH (0.3 million KM).
 
Under subsidies to private enterprises and entrepreneurs, out of a total planned 72 million KM, 70 million KM was realized, of which 65.1 million KM for agricultural incentives, 1.2 million KM for veterinary incentives and 3.7 million KM for other subsidies.
 
Transfers to cantons were realized in the amount of 16 million KM: Bosnian-Podrinje and Posavina cantons five million KM each, West Herzegovina and Canton 10 two million KM each, and Central Bosnia and Herzegovina-Neretva cantons one million KM each. The paid amount represents 100 percent of the planned funds.