Both Houses of the BiH Parliament Adopted the Budget for 2016

Deputies of the House of Representatives of the PSBiH adopted the Bill on the Budget of Institutions and International Obligations of Bosnia and Herzegovina for 2016, proposed by the Presidency of BiH.

Delegates of the House of Peoples of the Parliamentary Assembly of Bosnia and Herzegovina also adopted the Bill on the Budget of Institutions of BiH and International Obligations of BiH for 2016.

The budget for 2016 amounts to BAM 1,720,637,818, of which total revenues for financing institutions and receipts are at the level of previous years and amount to BAM 950,000,000, and revenues for servicing external debt are BAM 770,637,818 and are higher by BAM 157,057,193.00 compared to the budget of the previous year.