Bosnian austerity budget to help country’s EU agenda

Bosnian austerity budget to help country’s EU agenda


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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