AMIDŽIĆ: ABOLISH CALCULATORS, INTRODUCE "BANJA LUKA MATHEMATICS"

BANJA LUKA, MARCH 29 /SRNA/ – The Minister of Finance and Treasury in the Council of Ministers Srđan Amidžić pointed out that the interest rate at which the Republika Srpska Government borrowed on the London Stock Exchange is 6.25 percent, while the City of Banja Luka’s loan carries an interest rate of 7.90 percent.

"If 6.25 percent is greater than 7.9 percent, I suggest we abolish calculators and introduce 'Banja Luka mathematics'. This is not a loan - this is a new scientific discipline", Amidžić posted on the social network X.

He also published the decision on the City of Banja Luka's borrowing for financing capital investments in the amount of BAM 10 million, according to which the interest rate should be fixed and not higher than 7.9 percent.

Amidžić’s post came in response to claims by economist and member of the "Sigurna Srpska" movement Bojan Kresojević that interest payments by the Republika Srpska Government would "erase hospitals" over the next five years.