SARAJEVO, JANUARY 23 (ONASA) – Last night, at the proposal of the Federal Ministry of Finance, the Government of the Federation of BiH adopted the Public Investment Program of the Federation of BiH 2024-2026.
The total value of 134 projects included in this public investment program amounts to 19,073.52 million BAM.
Of that, 9,190.21 million BAM refers to 72 candidate projects, then 6,640.76 million BAM to 55 projects whose implementation is underway, and 3,242.54 million BAM to seven projects with approved status.
Otherwise, the Public Investment Program of the Federation of BiH is being prepared for the purpose of supporting the Government and institutions of the Federation of BiH when planning investments and making quality investment decisions. The program is the Government’s instrument for harmonizing development projects with realistic sources of financing. This instrument increases the quality of management of development funds, which implies avoiding “ad hoc” decisions on investments and improving the climate for investors.
The program contains an overview of investments in projects with data on the total required and spent funds, as well as funds planned for financing projects from the budget, loans, grants and other sources. The goals of creating and adopting this program as a three-year document are long-term related to the process of strategic planning and budgeting, the realization of sectoral policies and strategic development goals of the Federation of BiH, which achieves a better connection between projects and the process of allocation of available funds for their implementation.
The public investment program is adopted by the Government every year at the proposal of the Federal Ministry of Finance after the process of collecting data from participants in the investment planning process. In addition to the Federal Ministry of Finance and the Commission for the Public Investment Program of the FBiH, federal administrative bodies, cantonal governments, competent cantonal bodies, cantonal administrative bodies, local self-government units, independent administrative organizations, specialized organizations and special bodies (institutes, directorates, agencies) participate in the development , institutes, etc.) and public companies. The Federal Ministry of Finance acts as a coordinating and controlling body for the Government of the Federation of Bosnia and Herzegovina.
The public investment program contains data on projects by sector and proposers, by source, type and method of financing. Projects by type of investment are capital projects that contribute to social and economic development and institutional projects that contribute to the development of administrative and technical capacities.
The Federal Ministry of Finance will publish the public investment program of the Federation of BiH 2024-2026, in accordance with today’s conclusion of the Government, on its website.
Also, the Government took note of the public investment programs for the period 2024-2026 of the Western Herzegovina Canton, Canton 10, then Tuzla Canton, Sarajevo Canton, Central Bosnia and Una-Sana Canton.