Bosnia's public debts up 3% in 2020

Debt

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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. 

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