Serbian government transfers EUR 5.5mn to RS government

Serb Republic (RS) President Milorad Dodik confirmed Wednesday that the Serbian government has transferred EUR 5.5 million to the account of the RS government.

4.5 million will be used to finance projects in municipalities of the Serb entity (RS) in Bosnia-Herzegovina, while a million will go to several municipalities of the Muslim-Croat entity, the Federation of Bosnia-Herzegovina (FBiH), with majority Serb population.

According to announcements, the funds will be used to build local roads and repair schools, kindergartens, bridges, sporting venues, and public squares.

Serbian President Aleksandar Vucic promised this financial assistance in early September, after his meeting in Belgrade with Dodik and Serbian and RS prime ministers Zeljka Cvijanovic and Ana Brnabic.

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