GOVERNMENT FORMATION AND BUDGET ADOPTION BY YEAR-END; TALKS TO BEGIN UPON ENTERING THE PALACE

BIJELJINA, NOVEMBER 14 /SRNA/ - President-elect of Republika Srpska Savo Minić said that Republika Srpska planned to form the Government and adopt the budget by the end of the year, adding that his first move in the new office would be revealed as early as Monday, November 16.

"Everything is ready; we even have some minor additional preparations scheduled for tomorrow," Minić told reporters in Bijeljina.

Minić reminded that the constitutive session of the Republika Srpska National Assembly would be held on Monday, after which he would enter the Palace of the Republic and begin talks.

"Republika Srpska has survived many, many hardships. It was created in blood and with great love. We have an obligation to preserve it. The institutions of Republika Srpska are the guarantee of our continued existence here," Minić stressed.

He believes that Republika Srpska now has the best prospects, and that those leading it have the political capacity to achieve, at the BiH level, everything necessary to protect the interests of Republika Srpska.

He added that the Serb member of the BiH Presidency, Željka Cvijanović, had returned from the United States last night, that he had spoken with her and that certain contacts had been established there.

"At this point, it is important to have friends, receive information in a timely manner and understand what is happening with global trends, energy market developments and certain political developments," Minić said.

He reiterated that Republika Srpska was currently stable and had good prospects.