Fiscal Council Agrees 2012 Budget Framework

Chairman of the Council of Ministers of BIH Dr. Nikola Špirić chaired over the session of Fiscal Council in Sarajevo today, at which 2012 Budget Framework was agreed. 

The Budget Framework was agreed to amount KM 980.00 million, 4.65% less in respect to the 2010 Budget.

Since differences exist concerning the revenue distribution from the Single Account of the Indirect Taxation Administration, Finance Ministers are tasked to hold additional consultations in order to agree on the issue.

The Fiscal Council session was held via video link.

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