Džaferović: Adjust BiH budget to fight pandemic and support economy

Džaferović: Adjust BiH budget to fight pandemic and support economy

SARAJEVO, March 26 (FENA) – It is very important that the Council of Ministers of Bosnia and Herzegovina adopted the Decision on the Interim Financing, which enables the smooth functioning of state institutions, Šefik Džaferović, Chairman of the Presidency of Bosnia and Herzegovina, said in a statement for FENA today.

“I have been informed that the adopted Draft Budget, after technical processing in the Council of Ministers, will be submitted to the BiH Presidency in the coming days. As an authorized proponent, the Presidency will carefully consider all options for adjusting the budget to the needs of combating the coronavirus pandemic and mitigating the effects of the economic shock,” Džaferović added.

At its extraordinary session, the Council of Ministers of Bosnia and Herzegovina adopted the Draft Law on the Budget of the Institutions of BiH and International Obligations for 2020 and will forward it to the BiH Presidency as a formal proponent of the document.

In addition, the BiH Council of Ministers this week adopted the Proposal of Decision on the Provisional Financing of the BiH Institutions for the second quarter of 2020, for the period April-June.