Bosnia's state-level finance ministry has said that the 2017 budget for the country's institutions will be adopted by the end of this year, in line with statutory terms and deadlines set by the International Monetary Fund (IMF).
The budget will be sent to parliament for approval as early as next month, the finance ministry said in a statement on Tuesday, following a meeting between minister Vjekoslav Bevanda and the IMF mission chief for Bosnia, Nadeem Ilahi.
Bevanda said that budget spending will remain at the 2016 level, according to the statement.
He added that employment in state institutions will be limited by law, while a decision to maintain the base salary and bonuses for 2017 at this year's level has already been adopted.
