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MOSTAR, Mar 19 (FENA) - The FBiH Government adopted the Program of Expenditures of Funds "Subsidies to Private Companies and Entrepreneurs - Financing of First Employment and Self-Employment", provided from the FBiH Budget for the Federal Ministry of Development, Entrepreneurship and Crafts for 2018, for subsidies to private companies and entrepreneurs to finance first employment and self-employment.
The funds amounting KM 2 million will be allocated under the contracts concluded following a 2016 public announcement, due to be paid in 2018.
As explained, the obligations taken over under the concluded contracts on the basis of the public announcement from 2016 could not be fully realized in 2016 and 2017.
Out of the established funds of KM 50 million, the total contracted liabilities amount to KM 25.87 million marks, while KM 23.70 million were realized.
Since subsidies are refunded monthly to the beneficiaries, the rest of the liabilities are due for payment in 2018, says the statement issued by the Public Relations Office of the FBiH Government.
(FENA)
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