The Law on Debt, Borrowing and Guarantees in the Federation, again shared power and opposition. The first claims that it is finally introduced in order to this area. Others, on the other hand, criticize, to want to patch existing holes with this solution, and the ultimate goal is, they say, much more dangerous. The Federal Government will be enabled by the indebtedness without the consent of the Federation Parliament.
Different observation
Higher quality management, harmonization with European bursts, and increase investor trust or, and, to the path to new borrowing without the approval of parliament. Opinions on the Law on Debt, Borrowing and Guarantees in the Federation of BiH are different, depending on the angle of observation.
There is no one for the power of dilemma – the law is needed, because the existing is not changed for 18 years, while the opposition, on the other hand, warns that this is an attempt to rise parliament.
“Ultimately this law is the result of the responsible policy and shows our willingness to improve fiscal discipline, ensure the balance of public finances and sustainable growth”, the NIP dealer in the FBiH dealer, reports Federal.ba.
“And now we are revealing to us by the new member of the law that we cannot clearly see what is the goal of the most expensive and what is worse in that borrowing, and less and less for the projects,” SDA represented in the FBiH dealer.
Special opposition resentment focuses on Article 25. Law. In paragraph of seven of this law, it is stated that the decision on the indebtedness is made by the Parliament of the Federation of Bosnia and Herzegovina, but already in paragraph 10. that in the borrowing of the bond emission, the decision, however, is adopted by the Federation Government.
“Where the Federation Government could be instructed practically without parliament, that is, to do something that is not transparent that the government may borrow where it will and as much as it wants,” DF representative in the FBiH House.
“The government will make a decision of bonds if it is exported to the international market, because the FBiH is not in charge without the consent of the parliament, because the consent has given the budget and the law on budget execution,” Samir Bakić, Assistant Minister of Finance FBiH.
It is precisely borrowing through the issue of bonds in disputed representatives of the opposition, which notes that a similar law has already previously brought the National Assembly of the RS.
Uncontrolled debits
They ask whether the money will be spent to create new jobs or for current budget consumption. The position of the accusation denies, and says that the procedures have been complied with and that the Federation will not by uncontrolled borrows.
“They plan borrowing where they are quoted, in the second half of 2025. So these are not my words – the first edition of Euro bonds in the international financial market,” said Admir Čavalić in the FBiH MP.
“Critics of the opposition, if constructive, are trying to accept it, but sometimes there are unfortunately, unconstructive criticism. The law of opposition is to criticize,” said Lana Prlić, MP of SDP in the FBiH House of Representatives.
For what the government planned for this money, it is unknown for now. Although the rumors could hear about the past few days that this money needed BH Telecom, to complete the purchase of Telemah. The last word will be given the home of the people.
