Upper chamber takes final step in adopting 2020 budget – N1

The BiH House of Peoples on Wednesday adopted a report by a commission set up to harmonize two versions of the new budget passed by the two houses of the BiH Parliamentary Assembly, which was the final step for approving the 2020 BiH budget and enabling the country to hold its local elections.

According to the budget, the total revenues, receipts and financing of Bosnia’s institutions in 2020 amounts to 996 million Bosnian Marks, which is the same as the total expenditures. The 2020 budget is higher than the one of 2019 by 30 million Bosnian Marks, or three percent.

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