SALARIES THE SAME Council of Ministers adopts Draft Budget, funds secured for fight against Covid

(Patria) - The BiH Council of Ministers unanimously adopted the Draft Law on the Budget of Institutions of Bosnia and Herzegovina and International Obligations of Bosnia and Herzegovina for 2021, which the Ministry of Finance and Treasury will submit to the BiH Presidency, responsible for its proposal.

The budget has secured KM 21,684,000 for the fight against the pandemic caused by the coronavirus, and the BiH Council of Ministers will prescribe the beneficiaries, purpose, amount, and method of using these funds by special decisions.

Total revenues, receipts, and financing of BiH institutions in 2021 amount to KM 1,027,100,000, which is an increase of 3% compared to the previous year's budget, while the servicing of Bosnia and Herzegovina's external debt amounts to KM 843,905,504 and is 5% higher compared to the Budget of BiH Institutions for 2020. Salaries of employees in BiH institutions remain at the level of the previous year.

Revenues from direct taxes amount to KM 780,000,000, and are at the 2020 level. Thus, total expenditures of Bosnia and Herzegovina institutions and servicing of Bosnia and Herzegovina's external debt in the Draft Budget for 2021 amount to KM 1,871,005,504 and are 4% higher compared to 2020, or KM 67,452,574.