Picture book for beginners from the "Trojka": "Copies" of decisions by which FBiH was indebted by 650 million KM in less than nine months

By: Istraga.ba

From the beginning of January to the beginning of September, i.e., in less than nine months of this year, the Government of the Federation of Bosnia and Herzegovina, led by Nermin Nikšić, indebted the Federation by 650 million marks. And these are undisputed facts that we will present below, following the publications in the Official Gazette of the Federation of Bosnia and Herzegovina.

Official Gazette of the Federation of Bosnia and Herzegovina, Issue 16/24, February 2024.

"Based on Article 19, Paragraph (1), Point 6, and Article 21, Paragraph (4) of the Law on Debt, Borrowing, and Guarantees in the Federation of Bosnia and Herzegovina ('Official Gazette of the Federation of BiH', Nos. 86/07, 24/09, 44/10, and 30/16), the Government of the Federation of Bosnia and Herzegovina, at its 28th session held on 27.02.2024, adopts the Decision on the Indebtedness of the Federation of BiH through the issuance of treasury bills (6M) of the Federation of Bosnia and Herzegovina. Indebtedness of the Federation of Bosnia and Herzegovina (hereinafter: the Federation) through the issuance of Federation treasury bills is approved to raise funds for financing expenditures determined by the Budget of the Federation of Bosnia and Herzegovina for 2024, in the nominal amount of up to 100,000,000 KM (in words: one hundred million KM)," reads the decision from the Official Gazette of FBiH No. 16/24.

Therefore, an indebtedness of 100 million KM for budgetary spending, not for infrastructure projects. Here is the decision.



Let's move on.

"Based on Article 19, Paragraph (1), Point 6, and Article 21, Paragraph (4) of the Law on Debt, Borrowing, and Guarantees in the Federation of Bosnia and Herzegovina ('Official Gazette of the Federation of BiH', Nos. 86/07, 24/09, 44/10, and 30/16), and in connection with Point II, Paragraph (1) of the Decision on the Conditions and Procedures for Issuing Bonds of the Federation of Bosnia and Herzegovina ('Official Gazette of the Federation of BiH', No. 31/12), the Government of the Federation of Bosnia and Herzegovina, at its 28th session held on 27.02.2024, adopts the Decision on the Indebtedness of the Federation of BiH through the issuance of Federation of Bosnia and Herzegovina treasury bills.

Indebtedness of the Federation of Bosnia and Herzegovina (hereinafter: the Federation) through the issuance of bonds is approved to raise funds for financing expenditures determined by the Budget of the Federation of Bosnia and Herzegovina for 2024, in the nominal amount of up to 70,000,000 KM (in words: seventy million KM)," it is stated in the Official Gazette of the Federation of BiH No. 16/24.

Here is the decision.



The same Official Gazette, a new indebtedness.

"Based on Article 19, Paragraph (1), Point 6, and Article 21, Paragraph (4) of the Law on Debt, Borrowing, and Guarantees in the Federation of Bosnia and Herzegovina ('Official Gazette of the Federation of BiH', Nos. 86/07, 24/09, 44/10, and 30/16), the Government of the Federation of Bosnia and Herzegovina, at its 28th session held on 27.02.2024, adopts the Decision on the Indebtedness of the Federation of BiH through the issuance of Federation of Bosnia and Herzegovina treasury bills. Indebtedness of the Federation of Bosnia and Herzegovina (hereinafter: the Federation) through the issuance of Federation treasury bills is approved to raise funds for financing expenditures determined by the Budget of the Federation of Bosnia and Herzegovina for 2024, in the nominal amount of up to 30,000,000 KM (in words: thirty million KM)," it is stated in the Official Gazette of FBiH.

Copy of the decision:



"Based on Article 19, Paragraph (1), Point 6, and Article 21, Paragraph (4) of the Law on Debt, Borrowing, and Guarantees in the Federation of Bosnia and Herzegovina ('Official Gazette of the Federation of BiH', Nos. 86/07, 24/09, 44/10, and 30/16), the Government of the Federation of Bosnia and Herzegovina, at its 28th session held on 27.02.2024, adopts the Decision on the Indebtedness of the Federation of BiH through the issuance of Federation of Bosnia and Herzegovina treasury bills. Indebtedness of the Federation of Bosnia and Herzegovina (hereinafter: the Federation) through the issuance of Federation treasury bills is approved to raise funds for financing expenditures determined by the Budget of the Federation of Bosnia and Herzegovina for 2024, in the nominal amount of up to 170,000,000 KM (in words: one hundred and seventy million KM)," it is stated in the Official Gazette of the Federation.

Here is the decision:



Let's move on.

"Based on Article 19, Paragraph (1), Point 6, and Article 21, Paragraph (4) of the Law on Debt, Borrowing, and Guarantees in the Federation of Bosnia and Herzegovina ('Official Gazette of the Federation of BiH', Nos. 86/07, 24/09, 44/10, and 30/16), the Government of the Federation of Bosnia and Herzegovina, at its 28th session held on 27.02.2024, adopts the Decision on the Indebtedness of the Federation of BiH through the issuance of Federation of Bosnia and Herzegovina treasury bills. Indebtedness of the Federation of Bosnia and Herzegovina (hereinafter: the Federation) through the issuance of Federation treasury bills is approved to raise funds for financing expenditures determined by the Budget of the Federation of Bosnia and Herzegovina for 2024, in the nominal amount of up to 60,000,000 KM (in words: sixty million KM)," it is stated in the Official Gazette.

Here is the decision:



Official Gazette of the Federation of Bosnia and Herzegovina, Issue 42/24

"Based on Article 19, Paragraph (1), Point 6, and Article 21, Paragraph (4) of the Law on Debt, Borrowing, and Guarantees in the Federation of Bosnia and Herzegovina ('Official Gazette of the Federation of BiH', Nos. 86/07, 24/09, 44/10, and 30/16), and in connection with Point II, Paragraph (1) of the Decision on the Conditions and Procedures for Issuing Bonds of the Federation of Bosnia and Herzegovina ('Official Gazette of the Federation of BiH', No. 31/12), the Government of the Federation of Bosnia and Herzegovina, at its 35th session held on 05.06.2024, adopts the Decision on the Indebtedness of the Federation of BiH through the issuance of Federation of Bosnia and Herzegovina treasury bills. Indebtedness of the Federation of Bosnia and Herzegovina (hereinafter: the Federation) through the issuance of bonds is approved to raise funds for financing expenditures determined by the Budget of the Federation of Bosnia and Herzegovina for 2024, in the nominal amount of up to 40,000,000 KM (in words: forty million KM)," it is stated in the Official Gazette.

Here is the decision:



Official Gazette of the Federation of Bosnia and Herzegovina, Issue 61/24

"Based on Article 19, Paragraph (1), Point 6, and Article 21, Paragraph (4) of the Law on Debt, Borrowing, and Guarantees in the Federation of Bosnia and Herzegovina ('Official Gazette of the Federation of BiH', Nos. 86/07, 24/09, 44/10, and 30/16), and in connection with Point II, Paragraph (1) of the Decision on the Conditions and Procedures for Issuing Bonds of the Federation of Bosnia and Herzegovina ('Official Gazette of the Federation of BiH', No. 31/12), the Government of the Federation of Bosnia and Herzegovina, at its 39th session held on 01.08.2024, adopts the Decision on the Indebtedness of the Federation of BiH through the issuance of Federation of Bosnia and Herzegovina treasury bills.
Indebtedness of the Federation of Bosnia and Herzegovina (hereinafter: the Federation), through the issuance of bonds, is approved to raise funds for financing expenditures determined by the Budget of the Federation of Bosnia and Herzegovina for 2024, in the nominal amount of up to 40,000,000 KM (in words: forty million KM)," it is stated in the Official Gazette of the Federation.

Here is the decision:



"Based on Article 19, Paragraph (1), Point 6, and Article 21, Paragraph (4) of the Law on Debt, Borrowing, and Guarantees in the Federation of Bosnia and Herzegovina ('Official Gazette of the Federation of BiH', Nos. 86/07, 24/09, 44/10, and 30/16), and in connection with Point II, Paragraph (1) of the Decision on the Conditions and Procedures for Issuing Bonds of the Federation of Bosnia and Herzegovina ('Official Gazette of the Federation of BiH', No. 31/12), the Government of the Federation of Bosnia and Herzegovina, at its 39th session held on 01.08.2024, adopts the Decision on the Indebtedness of the Federation of BiH through the issuance of Federation of Bosnia and Herzegovina treasury bills. Indebtedness of the Federation of Bosnia and Herzegovina (hereinafter: the Federation) through the issuance of bonds is approved to raise funds for financing expenditures determined by the Budget of the Federation of Bosnia and Herzegovina for 2024, in the nominal amount of up to 50,000,000 KM (in words: fifty million KM)," it is stated in the Official Gazette.

Here is the decision:



"Based on Article 19, Paragraph (1), Point 6, and Article 21, Paragraph (4) of the Law on Debt, Borrowing, and Guarantees in the Federation of Bosnia and Herzegovina ('Official Gazette of the Federation of BiH', Nos. 86/07, 24/09, 44/10, and 30/16), and in connection with Point II, Paragraph (1) of the Decision on the Conditions and Procedures for Issuing Bonds of the Federation of Bosnia and Herzegovina ('Official Gazette of the Federation of BiH', No. 31/12), the Government of the Federation of Bosnia and Herzegovina, at its 39th session held on 01.08.2024, adopts the Decision on the Indebtedness of the Federation of BiH through the issuance of Federation of Bosnia and Herzegovina treasury bills.

Indebtedness of the Federation of Bosnia and Herzegovina (hereinafter: the Federation) through the issuance of bonds is approved to raise funds for financing expenditures determined by the Budget of the Federation of Bosnia and Herzegovina for 2024, in the nominal amount of up to 40,000,000 KM (in words: forty million KM)," it is stated in the Official Gazette of FBiH.

Here is the decision:



Official Gazette of the Federation of Bosnia and Herzegovina, Issue 69/24

"Based on Article 19, Paragraph (1), Point 6, and Article 21, Paragraph (4) of the Law on Debt, Borrowing, and Guarantees in the Federation of Bosnia and Herzegovina ('Official Gazette of the Federation of BiH', Nos. 86/07, 24/09, 44/10, and 30/16), and in connection with Point II, Paragraph (1) of the Decision on the Conditions and Procedures for Issuing Bonds of the Federation of Bosnia and Herzegovina ('Official Gazette of the Federation of BiH', No. 31/12), the Government of the Federation of Bosnia and Herzegovina, at its 40th session held on 29.08.2024, adopts the Decision on the Indebtedness of the Federation of BiH through the issuance of Federation of Bosnia and Herzegovina treasury bills. Indebtedness of the Federation of Bosnia and Herzegovina (hereinafter: the Federation) through the issuance of bonds is approved to raise funds for financing expenditures determined by the Budget of the Federation of Bosnia and Herzegovina for 2024, in the nominal amount of up to 50,000,000 KM (in words: fifty million KM)," it is stated in the Official Gazette.

Here is the decision:



All these decisions were signed by the Federal Prime Minister Nermin Nikšić. Therefore, in less than nine months, the Government headed by him indebted the Federation of BiH by 650 million marks. And the money will be used for budgetary spending, not for capital investments.