Bosnia's presidency endorses 2011 budget bill.

By bne IntelliNews April 21, 2011
The state tripartite presidency adopted the draft state budget for 2011, Nezavisne Novine daily reported. The draft budget stands at KM 1.05bn (EUR 537.4mn), up by 2.2% y/y. As recalled, the central government adopted in end-March the draft budget at KM 1.02bn, unchanged from 2010. However, the presidency increased the draft budget by KM 23.7mn. The Serb member of the state presidency, Nebojsa Radmanovic, did not support the increase, but the decision was nevertheless adopted with the votes of the other two members. The budget bill will be submitted to the state Parliament.

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