News in English     | 22.05.2018. 18:59 |

After budget revision, 107 million KM allocated for motorways construction

FENA Senka Trgovčević

SARAJEVO, May 22 (FENA) - By adopting the revision of this year's budget of the Federation of Bosnia and Herzegovina at an extraordinary session of the House of Representatives, the FBiH Parliament has enabled for 107 million KM to be allocated for the construction of planned infrastructure projects to be implemented by the public enterprise the FBiH Motorways.

“This is the only substantial change in the budget, which consists of redirecting the unspent 107 million KM from 2017 to the current budget year for the construction of motorways and expressways in FBiH. In total, 290 million KM will be invested for these purposes,” said FBiH Prime Minister Fadil Novalić.

Novalić explained that 87,207,037 KM was allocated to the Federation of BiH, because BiH has fulfilled all the conditions from the policy matrix under the DPL project with the World Bank, and that 97,214,772 KM was allocated to the FBiH budget as the previous measures have been met from the Letter of Intent with the IMF.

(FENA) S. R.

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