Faster to Europe by Reforming the Energy and Environment Sector

Faster to Europe by Reforming the Energy and Environment Sector

A public session was held on Tuesday, May 24, 2011 in the Blue Hall of the Parliamentary Assembly of BiH with the civil society and government officials on the topic ‘Faster to Europe by Reforming the Energy and Environment Sector’. This session was organized under the second phase of the initiative “Citizens for Europe”, led by

A public session was held on Tuesday, May 24, 2011 in the Blue Hall of the Parliamentary Assembly of BiH with the civil society and government officials on the topic ‘Faster to Europe by Reforming the Energy and Environment Sector’.

This session was organized under the second phase of the initiative “Citizens for Europe”, led by the Association “Vesta”, a place under the auspices of the EU Special Representative, Valentin E. Inzko, with the support of SIDA, and in collaboration with the Directorate for European Integration. The initiative gathered more than 30 civil society organizations. The EU Special Representative Valentin Inzko argued that the Serbian Republic and the Federation have been faced with budget deficits that will be significantly increased if the international funds will not be soon realized.

“Failure to adopt the general framework for the  fiscal period from 2011 – 2013, The Fiscal Council of BiH prevents allocation from Stand-by arrangement with the IMF as well as macro-financial assistance funds, which is one of the reasons why entities are running out of funds and donations”, said Inzko.

He pointed out that BiH politicians must immediately establish the authorities at the state level, because if that happens there is a danger that the economic crisis in BiH assume major proportions.

“Political instability is increasingly worsening the already difficult situation when it comes to unemployment”, warned Inzko.

According to him, all major investments are blocked in infrastructure for electricity transmission and distribution and of 10 percent of the total toll revenue and purchased cars in 2009, which currently stands at more than 20 million. He noted that foreign direct investment in BiH has experienced a decline of 71.4 percent in 2010 compared to 2009.

Also, Inzko said that after the assessment of the falling credit rating of our country, it will be much harder to convince foreign investors to come and start to open much-needed jobs.

“The fall of credit ratings may cause an increase in interest rates in commercial banks that are operating in BiH. This would create an additional burden for households and businesses. It is a powerful blow to the economy of BiH and the standard of living of its citizens”, said the EU Special Representative, adding that the enormous opportunities and potential of BiH in the energy and environmental protection.

Swedish Ambassador to our country Bosse Hedberg said that the idea of ​​such meetings is to be improve dialogue between civil society and decision-making by contributing to the welfare of the country.

Coordinator of the initiative “Citizens for Europe” Amra Seleskovic said that the report of the European Partnership stated that the improvement in the energy sector and environmental protection was at an all time low.

“We will try to find out what the reason are for this delay and where the opportunities for better cooperation with civil society and how to help BiH move even faster path towards the EU”, said Seleskovic.

Member of the Energy and Environment team in front of civil society Lena Bratic pointed out that the energy sector and environmental protection state in BiH can be defined as chaotic. In recent months, consultations with various civil society organizations and other stakeholders on key elements of energy policy and environment in the process of European integration have been arranged.

The conclusions from these meetings are summarized in the document ”Energy and the Environment – Recommendations of the civil society for a faster path towards the European Union’’ which is available on the website initiative www.gradjanizaeuropu.ba.

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