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The government in the FBiH compares economic indicators with Novi-Navilić period: Are the data encouraging or some amounts are not for praise?

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The government in the FBiH compares economic indicators with Novi-Navilić period: Are the data encouraging or some amounts are not for praise?

Data of the Government of the Federation of Bosnia and Herzegovina, which made very favorable economic data on salaries, pensions and GDP, act encouraging at first sight.

Thus, they stated that, when taking the federal government (op. From the then Prime Minister of Fadila Novalić), the amount of the minimum salary of 596 KM while it is now 1,000 km and how the lowest pension was 538 km, and now there are 600 km.

The average salary is, the SDP expires, was 1,277 km a few years ago, and now 1,590 km. They also say that the total debt of the FBiH amounted to 22.05 percent of GDP while now 18.8.

Scholarships were then 0 km, ie did not even exist allegations of the SDP, and now 1,200 KM are paid.

However, economic experts warn that such comparisons without a wider context can be misleading. Inflation, a decline in purchasing power or changes in basic foods (op.a. price) should be taken into account.

It is true that Bosnia and Herzegovina, as well as numerous European countries, has passed through a period of high inflation, with the growth of food prices, energy and housing.

That is why the question arises – how much today’s indicators are really better and how much are the consequence of inflationary adjustments?

Wages, pensions and GDP in the mandate of Fadil Novalić and the current Prime Minister of FBiH Nermin Nikšić (Photo: network x)

We asked the Economic Analyst of Igor Gavran whether it was real data, taking into account all these factors, which explained to us that it was nominal and majority realistic data, but that they are very selective and are not impressive to show.

“Namely, no inflation and consumer basket, ie the costs of living that are necessary to assess how indeed, are worthwhile in advance. Some amounts to become embarrassed, and not commendable – e.g. the amount of minimum pension,” Gavran said.

He points out that he is even worse with comparisons of “one-time assistance” to certain categories of residents.

“Why is it positive for retirees or fighters to have Sadaka, instead of having adequate revenues and are not social cases that the average citizen is displayed as if the only change is in the amount, and they are ignoring all negative effects and mighty millions paid to help Businessmen to ‘survive’ this measure (therefore many businessmen have been converted into social cases dependent on budget), “he stated.

It points out very important factors that should be assessed, such as the citizens moved from the Federation of BiH in this period or what the condition of the KS budget is.

“How does Elektroprivreda BiH operate? How much is the prices of electricity and numerous public services built? What did the backhouses of people suffered? Why did the spectacular announced the fiscal reform turned into an infinite soap and chaos, where it is still not clear and every little They change the announcements What is also planned when done? All factors and analyzes make sense, and all previous governments showed their work in the meantime, in the meantime, the increase in virtually all segments (except for the developed countries, “Gavran said.

It considers that each government should focus on their obligations, primary improvement of the living conditions and the business of the economy, and leave the assessments of their work to independent analyzes and citizens themselves.

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