Bosnia's public debts up 3% in 2020

Debt

Photo by By ppart / Shutterstock.com

The public debts of Bosnia and Herzegovina (BiH) reached BAM 12.2 billion (USD 7.5 billion) at the end of last year, up by 3% year-on-year, news agency FENA reported.

"Public debt amounts to 35% of the GDP of Bosnia and Herzegovina and that share has increased in 2020," Deputy Finance Minister Hazim Rancic said.

Rancic also said that 51.1% of the total public debts related to Bosnia's Federation, while 47.9% referred to the Republika Srpska, the other BiH entity. 

Watchdog Fines UniCredit Bank Hungary for Regulatory Shortfa... MNB

Watchdog Fines UniCredit Bank Hungary for Regulatory Shortfa...

Hungary to Address Future of Cohesion Policy During EU Presi... EU

Hungary to Address Future of Cohesion Policy During EU Presi...

Cordia’s Marina City Project Begins Residential

Cordia’s Marina City Project Begins

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1... Awards

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.