In order to create conditions for the smooth implementation of these projects, it was necessary to harmonize the Law on Debt, Loan and Guarantees in the FBiH with the Law on loan, debt and guarantees of Bosnia and Herzegovina.
On Friday 12, the Federal government determined the Draft Law on Amendments to the Law on Debt, Loan and Guarantees in the Federation BiH and sent it to FBiH Parliament for adoption by the simplified procedure it was announced from the FBiH Government.
The objectives of the amendments are to enable more effective implementation of the Law, and to create a basis for initiating the procedure of granting guarantees for financing the project of the construction of Unit 7-450 MW of the thermal power plant “Tuzla” and block 1-350 MW of the thermal power plant “Banovići”.
In order to create conditions for the smooth implementation of these projects, it was necessary to harmonize the Law on Debt, Loan and Guarantees in the FBiH with the Law on loan, debt and guarantees of Bosnia and Herzegovina.
As explained, in the 32nd session, held on 3 December 2015, the Federal Government adopted a Program of public investment of FBiH for the period from 2016 to 2018, in which it is planned to launch the procedure of issuing guarantees for these two great power projects in 2016, announced the Government of FbiH, transmits serbia-energy.eu
