“The EU Delegation/EUSR welcomes the adoption of the state budget for 2012 by the BiH Council of Ministers. A proper budget for 2012 is required for BiH to be able to fulfil the obligations it has taken on under the Stabilisation and Association Process. These include setting up new institutions required for EU-related commitments, preparing for the 2013 population census and preparing for the consequences of Croatia’s accession to the EU in 2013. The EU Delegation/EUSR now urges the BiH Presidency and the BiH Parliamentary Assembly to ensure a swift adoption of the 2012 budget.

“The EU Delegation/EUSR also encourages the relevant BiH institutions to adopt a proper Global Fiscal Framework for 2012-2014 without further delay. The adoption of this document, together with the 2012 state budget, would bring necessary stability into the public finances of Bosnia and Herzegovina.”