The adoption of the revised budget will facilitate the implementation of the stand-by arrangement with the International Monetary Fund and agreements with other international financial institutions supporting the country's financial stability.
The finance minister in the entity government, Vjekoslav Bevanda, said that the IMF had made the third and fourth installments from the stand-by deal conditional on the budget revision.
The entity parliament approved the government's proposal to increase the budget by 116 million convertible marks.
Bevanda said the increased budget was the result of a rise in revenues, notably in revenues from profit tax.