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More than 65 percent of War damage compensation in Republika Srpska has been settled

Објављено:

The Ministry of Finance of the Republika Srpska remitted KM 2.3 million based on the due 10th coupon of the 7th issue of material and non-material War Damage Bonds, marked RSRS-O-G.

In conclusion with this payment, a total of BAM 390.54 million or about 65.09% of the maximum amount based on material and non-material damage projected by the Law on Internal Debt of the Republic of Srpska was settled.

We remind you that the settlement of material and non-material damage caused during the period of war from May 20, 1992 to June 19, 1996, is carried out by issuing bonds and paying in cash according to the War Damage Payment Plan.

Ministry of Finance in 16 issues of material and non-material war damage bonds have issued in the total amount of BAM 454 million. Based on the due coupons of all issued bonds, BAM 318.63 million were paid for repayment of the due principal.

Based on the judgments of the European Court of Human Rights and the Payment Plan for material and non-material damages incurred during the period of war from May 20, 1992 to June 19, 1996, which are settled in cash, a total 71.91 million BAM was paid.



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