Republika Srpska has contracted investments exceeding two billion BAM and is financially stable, regularly meeting its budgetary obligations, emphasized the President of Republika Srpska, Milorad Dodik, during a press conference in Banja Luka.
“This will sustain its investment activity, which constitutes over 15 percent of the total budget of Republika Srpska. This means that in the next year, the level of secured projects will exceed two billion BAM,” stated Dodik.
He added that Republika Srpska recorded an additional number of employed individuals this year.
“Republika Srpska consistently fulfills all its obligations from the budget, despite constant efforts to declare a day each month as the day it will collapse. However, that will never happen,” emphasized Dodik.
According to Dodik, despite pressures, Republika Srpska is financially stable.
“The total debt of Republika Srpska is 40 percent. European standards and criteria stipulate that public debt should not exceed 60 percent of GDP, while most EU countries have surpassed that framework, including Germany itself,” highlighted Dodik.
Dodik concluded that despite such low indebtedness, Republika Srpska successfully carries out all its investment projects.
“This year, Republika Srpska secured 500 million BAM more in investments than last year,” Dodik emphasized, as reported by RTRS.
