Council of Ministers of Bosnia and Herzegovina approved on 18 April the austerity state budget, after running the provisional ones for over a year and a half. The 2012 state budget, worth some €485 million lowers the salaries in the public administration by some 4.5%.

Finance Minister Nikola Špirić stressed that “not a single function of the country on its Euro-Atlantic path will be endangered” and reminded that in 2011, the country operated on a “temporary ...


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