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Fateful Decision to Spell Progress or Continued Stagnation for BiH Economy and Entrepreneurs

Fateful Decision to Spell Progress or Continued Stagnation for BiH Economy and Entrepreneurs

BY: Mr.Sc. Ajka Baručić, Institute for Youth Development KULT September of 2017 could be the crucial month for many BiH entrepreneurs. It could be remembered as the worst or the best...

07 Sep 2017 Hits:457

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Farmers Announce Protests While Incentives for Agriculture Keep Decreasing: One Farmer Generates 94,…

Farmers Announce Protests While Incentives for Agriculture Keep Decreasing: One Farmer Generates 94,000 BAM a Year and Still Struggles to Stay in Business

Every year the media shows us farmers destroying their milk, raspberries, taking to the streets, protesting, fighting for their rights. They have announced protests this year as well, since they...

21 Aug 2017 Hits:649

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EU Integration as Better Environment for Youth Entrepreneurship

EU Integration as Better Environment for Youth Entrepreneurship

BY: M.Sc. Ajka Baručić, Institute for Youth Development KULT The majority of the BiH public may not be aware that the EU - Western Balkans Youth Forum was held last month,...

03 Aug 2017 Hits:1022

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A Lot of Talk and Very Little Money for Tourism

A Lot of Talk and Very Little Money for Tourism

Although tourism is often touted as one of the most promising sectors in BiH, that could bringn BiH significant profit and generate jobs of the unemployed, the government is not...

18 Jul 2017 Hits:1233

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Federal Ministry of Development, Entrepreneurship and Crafts Awarding Funds for over 450 Grantees – …

Federal Ministry of Development, Entrepreneurship and Crafts Awarding Funds for over 450 Grantees – Innovators, Youth, Women…

The Federal Ministry of Development, Entrepreneurship and Crafts published the list of potential 2016 Current Fund grantees based on a Public Call for selecting grantees for 2016. Over 1,000 applications were...

25 Aug 2016 Hits:5373

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Reform Agenda Must Not Be Implemented on Employees' Harm!

Reform Agenda Must Not Be Implemented on Employees' Harm!

The policy on taxing the meal compensation and tax return enacted by the FBiH Government is not the solution that will improve the business environment in Bosnia and Herzegovina, but...

15 Jul 2016 Hits:1462

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Through Requalification to Employment and Entrepreneurial Initiatives?!

Through Requalification to Employment and Entrepreneurial Initiatives?!

The conference entitled "Partnership between Local Actors for Development and Employment" was held on July 12 and 13, 2016 in Mostar. The aim of the conference was to strengthen the...

14 Jul 2016 Hits:1213

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Active Employment Policies in BiH Analysis Presented

Active Employment Policies in BiH Analysis Presented

Conference entitled “Reforms and Employment: State and Perspectives” was held in Sarajevo on June 23, 2016. The conference was attended by representatives of legal and executive government, resource institutions and facilities,...

24 Jun 2016 Hits:1344

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First Meeting of Network for Budget Responsibility Held in RS

First Meeting of Network for Budget Responsibility Held in RS

A meeting of the Network for Budget Responsibility, organized by the Center for Presenting Civic Interests Foundation (CPI Foundation), was held in Banja Luka on June 14, 2016. This is...

15 Jun 2016 Hits:1526

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Waiting for Reaction of Authorities to Proposal of Changing Law on VAT

Waiting for Reaction of Authorities to Proposal of Changing Law on VAT

Institute for Youth Development KULT addressed the initiative to change the Law on VAT to the Bord of Directors of the Indirect Taxation Administration. It is an initiative that the Institute...

06 Jun 2016 Hits:4075

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Applications for FMRPO Public Call for Support to Entrepreneurship Ongoing

Applications for FMRPO Public Call for Support to Entrepreneurship Ongoing

The Federal Ministry of Development, Entrepreneurship and Crafts (FMRPO) published a Public Call for selecting the FMRPO current transfer funds grantees. The Public Call will stay open until June 17,...

31 May 2016 Hits:14132

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Examples of Positive Practice in Fighting Unemployment

Examples of Positive Practice in Fighting Unemployment

A conference entitled “Promoting More Efficient Transitions to Working Life in Bosnia and Herzegovina”, organized by the European Training Foundation (ETF) was held on May 25, 2016, in Sarajevo. The...

26 May 2016 Hits:1494

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Federal Ministry of Development, Entrepreneurship and Crafts Allocating 5 Million BAM to Aid Economy

Federal Ministry of Development, Entrepreneurship and Crafts Allocating 5 Million BAM to Aid Economy

The Federal Ministry of Development, Entrepreneurship and Crafts will be allocating around 5 million BAM this year to aid and support the economy. In the press conference of the Federal...

19 May 2016 Hits:2275

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Quality – Recipe for Success

Quality – Recipe for Success

The topic of this year's 4th Forum on Domestic Production held in Banja Luka was “Quality – Recipe for Success”. The panel discussion held during the Forum was attended by...

16 May 2016 Hits:2241

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4th Forum on Domestic Production in Banja Luka on May 13

4th Forum on Domestic Production in Banja Luka on May 13

The 4th consecutive Forum on Domestic Production will be held in Banja Luka on May 13, 2016. The Forum on Domestic Production in BiH resulted from ideas and activism of...

10 May 2016 Hits:2221

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FBiH and RS Business Owners Agree: Changes of Law on VAT Are Required Now!

FBiH and RS Business Owners Agree: Changes of Law on VAT Are Required Now!

The Institute for Youth Development KULT intensively advocates for introducing changes in the Law on VAT. The action of signing the letter of support to changes in the Law on VAT...

09 May 2016 Hits:1768

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Business Owners Daily Express Necessity of Changing Law on VAT

Business Owners Daily Express Necessity of Changing Law on VAT

The action of signing a letter of support to introducing changes in the Law on Value Added Tax in Bosnia and Herzegovina is still ongoing. In order to intensify the...

04 May 2016 Hits:1628

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Changes in Law on VAT Supported by Business Owners from Sarajevo Canton

Changes in Law on VAT Supported by Business Owners from Sarajevo Canton

The letter of support to changes to Law on VAT was also signed by representatives of the Chamber of Economy and the Chamber of Crafts of the Sarajevo Canton. In...

27 Apr 2016 Hits:1480

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VAT Cash Accounting Scheme: Lifeline for BiH Economy

VAT Cash Accounting Scheme: Lifeline for BiH Economy

WRITTEN BY: Ajka Baručić, M.Sc. Institute for Youth Development KULT The Law on VAT in BiH stipulates that business owners are required to pay VAT between the 1st and 10th day...

21 Apr 2016 Hits:2025

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Initiative to Change Law on VAT Supported by 25,000 Members of Association of Employers of FBiH

Initiative to Change Law on VAT Supported by 25,000 Members of Association of Employers of FBiH

The letter of support for changes of the Law on VAT was signed by representatives of the Association of Employers of FBiH that has around 25,000 members with over 100,000...

19 Apr 2016 Hits:1568

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First StartUp Student Incubator in BiH

First StartUp Student Incubator in BiH

The first Student Business Incubator was opened at International BURCH University in Sarajevo on April 14, 2016. The aim of the first StartUp Student Incubator in Bosnia and Herzegovina is...

15 Apr 2016 Hits:2168

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Expenditure of Budget Funds Intended for Incentives

Expenditure of Budget Funds Intended for Incentives

The research on budget incentives that the governmental institutions allocated for economic development in 2013 and 2014 in form of irreversible (grants) and reversible (credit) funds was completed. The research...

12 Apr 2016 Hits:1490

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Over 20,000 Business Owners for Changes in Law on VAT

Over 20,000 Business Owners for Changes in Law on VAT

In order to intensify the process of changing the Law on VAT, the Institute for Youth Development KULT started the initiative of signing a letter of support for the process of...

08 Apr 2016 Hits:2293

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Signing Letter of Support for Introducing Changes in Law on VAT Initiative

The Institute for Youth Development KULT continues the process of advocating for changes in the Law on VAT. In order to intensify the process of introducing changes in the Law...

04 Apr 2016 Hits:1529

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Students Must Acquire Practical Knowledge before Entering Labor Market

Students Must Acquire Practical Knowledge before Entering Labor Market

After acquiring a diploma at the institutions of higher education, youth do not possess enough practical knowledge that they could relate with their theoretical knowledge - was the conclusion of...

01 Apr 2016 Hits:1536

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Public Call for Selecting Federal Ministry of Development, Entrepreneurship and Crafts Grantees to B…

Public Call for Selecting Federal Ministry of Development, Entrepreneurship and Crafts Grantees to Be Issued Soon

Representatives of the Institute for Youth Development KULT held a meeting with Mr. Amir Zukić, the Minister of Development, Entrepreneurship and Crafts at the FBiH Government and with Mr. Zdravko...

31 Mar 2016 Hits:2947

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Initiative to Change the Law on VAT Gathers Support

Initiative to Change the Law on VAT Gathers Support

The Institute for Youth Development KULT continues the process of advocating for changes of the Law on Value Added Tax in Bosnia and Herzegovina. Members of the Institute discussed the...

28 Mar 2016 Hits:1699

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Youth Want to Work - over 6,000 Applications for Employment

Youth Want to Work - over 6,000 Applications for Employment

In only one month since the FBiH Government issued the Public Call for Subventions for First Employment and Self-Emplyoment of Youth over 6,000 applications have been delivered.  The Federal Employment Agency...

21 Mar 2016 Hits:1553

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Through Changes of Law on VAT to Economic Development

Through Changes of Law on VAT to Economic Development

For the purpose of aiding the economy by improving the existing business management systems, the Institute for Youth Development KULT, together with the members of the Network for creating a...

10 Mar 2016 Hits:1941

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Around 5,000 Persons Applied for Public Call for First Employment and Self-Employment Subventions

Around 5,000 Persons Applied for Public Call for First Employment and Self-Employment Subventions

The Public Call was published on February 18, 2016, and according to the latest information, 3,300 persons applied so far for their first employment while 1,500 applications were submitted for...

09 Mar 2016 Hits:2326

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Let's Help BiH Economy! – Institute for Youth Development KULT Is Organizing Round Table on Amendmen…

Let's Help BiH Economy! – Institute for Youth Development KULT Is Organizing Round Table on Amendments of Law on VAT

In order to aid the development of economy and creating a better business environment the Institute for Youth Development KULT is organizing the “Amendments of Law on VAT – introducing...

09 Mar 2016 Hits:1946

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Law on VAT Amendments to Aid Economy

Law on VAT Amendments to Aid Economy

The "Amendments of Law on VAT - Introducing the System of Charging VAT upon the Collection of Receivables" round table will be held on March 10, 2016 at "Sarajevo" Hotel...

29 Feb 2016 Hits:1932

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Institute for Youth Development KULT Supports FBiH Government Initiative for Subventions for Employm…

Institute for Youth Development KULT Supports FBiH Government Initiative for Subventions for Employment of Youth without Working Experience and Self-Employment

As a part of the “BH Business Site” initiative, the Institute for Youth Development KULT vehemently supports the initiative of FBiH Government for subventions for youth without working experience and...

18 Feb 2016 Hits:40261

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At Least 15,000 Annual Job Vacancies Hidden in Budget Incentives to Economy

At Least 15,000 Annual Job Vacancies Hidden in Budget Incentives to Economy

A round table on the topic of “Budget Incentives and Development of Entrepreneurship in BiH” was held today in Mostar, organised by the Institute for Youth Development KULT and as...

07 Oct 2015 Hits:3024

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Public Discussion on Incentives for Economy and Development of Entrepreneurship Continues

Public Discussion on Incentives for Economy and Development of Entrepreneurship Continues

After the Round Table was held in Sarajevo on the topic of “Budget Incentives and Perspective Economic Branches in BiH”, the discussion on incentives will continue in Mostar as well.  What...

06 Oct 2015 Hits:3060

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BiH Economy Requires Financial Support

BiH Economy Requires Financial Support

The research of the Institute for Youth Development KULT, conducted as a part of the "BH Business Site" Initiative, demonstrated a plummet in allocations for economic incentives in 2014 in...

15 Sep 2015 Hits:3281

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Businessmen and Representatives of Relevant Institutions Will Soon Discuss Budget Incentives and Per…

Businessmen and Representatives of Relevant Institutions Will Soon Discuss Budget Incentives and Perspective Branches of Economy in BiH

Which branch of economy was allocated with the most, and which was allocated with the least of budget money in the past two years? Is allocation of funds fair? Economists,...

07 Sep 2015 Hits:3006

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Set of Conclusions on Improving Area of Budget Incentives for Economy of Una-Sana Canton Adopted

Set of Conclusions on Improving Area of Budget Incentives for Economy of Una-Sana Canton Adopted

At the 9th regular Session of the Parliamentary Assembly of Una-Sana Canton, held on 24 July 2015, after discussing the Information about the State in the Areas of Economy of...

04 Aug 2015 Hits:3329

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Word of Businessmen on Awarding Incentives

Word of Businessmen on Awarding Incentives

As a part of the "BH Business Site" Initiative, the final stage of research on the country's financial support to BiH economy is being counducted. Having gathered and analysed data...

22 Jul 2015 Hits:3177

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No Significant Budget Support: Decrease in Allocations for Economy by 19.5%

No Significant Budget Support: Decrease in Allocations for Economy by 19.5%

Results of the research conducted by the Institute for Youth Development KULT as a part of the "BH Business Site" initiative demonstrated that in 2014, 63,369,530 BAM less was allocated...

10 Jun 2015 Hits:3183

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RESEARCH ON BUDGET INCENTIVES IN ECONOMY COMPLETED: ALLOCATIONS PLUMMET BY 19.5% IN 2014

RESEARCH ON BUDGET INCENTIVES IN ECONOMY COMPLETED: ALLOCATIONS PLUMMET BY 19.5% IN 2014

As a part of the BH Business Site initiative, the Institute for Youth Development KULT completed the reseach including data from 133 governmental institutions and over 600 million BAM of...

09 Jun 2015 Hits:3874

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CAN BH ECONOMY PROVIDE JOB VACANCIES WITHOUT DIRECT GOVERNMENTAL SUPPORT?

CAN BH ECONOMY PROVIDE JOB VACANCIES WITHOUT DIRECT GOVERNMENTAL SUPPORT?

As the political stumbling over questions that are of practically no use for the BiH citizens continues, BiH economy loses its required support and possibility to open new jobs. Lack of...

20 May 2015 Hits:5432

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Awarding Budget Incentives in BiH Economy

Awarding Budget Incentives in BiH Economy

As a part of the initiative "BH Business Site", the Institute for Youth Development KULT began a research on distributing budget incentives for developing the economy in Bosnia and Herzegovine....

04 May 2015 Hits:6465

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Waiting for New Workplaces, Waiting for Political Willingness and Better Budget

Author: Rusmir Pobrić The greatest problem in BiH is unemployment. It is no news for anyone, but it is necessary to be repeated for several reasons. One of them is that,...

08 Apr 2015 Hits:3050

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Budget Incentives Research Begins

A meeting of the Managing Board of the Network for Creating a Better Business Site in BiH was held on 31 March 2015 in the Institute for Youth Development KULT....

01 Apr 2015 Hits:2792

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BiH Labour and Employment Agency joined Network for Creating Better Business Site in BiH

Today in Sarajevo, the executive director of the Institute for Youth Development KULT Jasmin Bešić and the deputy director of the Labour and Employment Agency of BiH Željko Rajić signed...

13 Mar 2015 Hits:3071

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The Unemployed Must Have Right to Health Care

  Today, the representatives of the project „BiH Business Site“ (PPBH), Lejla Brutus and Rusmir Pobrić met with the representatives of the Association of the Unemployed „Otium“, its president Indira Smajlović...

27 Feb 2015 Hits:2819

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"BH Business Site" - Initiative for a Better Business Environment

Encouraging entrepreneurship and incentivising the growth of the economy by reducing salary contributions and providing tax breaks related to VAT are only a few of the goals of the Institute...

27 Nov 2014 Hits:3774

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Initial Conference "BiH Business Site"

Initial Conference

The Institute for Youth Development KULT launched an initiative called “BH Business Site”, aiming to contribute to solving systemic problems in the employment sector in BiH; primarily the inadequate system...

26 Nov 2014 Hits:8135

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Youth in Region Left to Fend for Themselves, But They Are Not Giving Up

Youth in Region Left to Fend for Themselves, But They Are Not Giving Up

Countries are not doing enough to keep their youth, according to the young participants of the Youth Conference held in Gradačac o September 18-21. The conference was attended by youth from...

22 Sep 2017 Hits:351

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Bolje džaba ležati nego džaba raditi – izgovor je za lijene i neambiciozne mlade

Bolje džaba ležati nego džaba raditi – izgovor je za lijene i neambiciozne mlade

Nedžad Kamenica, praktikant u Institutu za razvoj mladih KULT Početkom septembra 2016. godine dobio sam odličnu vijest da sam primljen kao jedan od 20 polaznika prve generacije SHL Akademije za mlade...

19 Sep 2017 Hits:1390

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Gradačac Hosts Youth From 7 Countries

Gradačac Hosts Youth From 7 Countries

More than 40 youth leaders, volunteers, professionals and actors relevant for youth work, international cooperation and youth migration are attending the Youth Conference in Gradačac, held on September 18 through...

19 Sep 2017 Hits:836

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