Constitution of Bosnia and Herzegovina (Dayton Annex 4) Art. VIII; Law on Financing of BiH Institutions (Zakon o finansiranju institucija BiH); Law on Audit of BiH Institutions (Zakon o reviziji institucija BiH); Law on Public Procurement of BiH (Zakon o javnim nabavkama BiH; 2004 as amended 2014)

Bosnia and Herzegovina's fiscal transparency framework is fundamentally shaped by the Dayton Peace Agreement (General Framework Agreement for Peace, 1995), Annex 4 of which constitutes the current Constitution of BiH. Art. VIII establishes the BiH Institutions' budget, funded from customs and other revenues, with approval by the Parliamentary Assembly. The state-level fiscal scope is constitutionally narrow — indirect taxes (VAT, customs) administered by the Indirect Tax Authority (Uprava za indirektno oporezivanje) flow to the state budget and entities per a formula. The Law on Financing of BiH Institutions and the Law on Audit of BiH Institutions provide the primary statutory framework. The Law on Public Procurement of BiH (2004 as amended 2014) governs procurement at state level. BiH has NO independent fiscal institution (IFI) — structurally impossible given the entity-based Dayton architecture. The currency board (BAM pegged 1:1 to EUR via Centralna banka BiH — CBBH) imposes strict reserve requirements acting as a structural fiscal constraint, though this is monetary architecture, not a statutory penalty mechanism (noncompliance_penalties = False). BiH scored T=29 on IBP OBS 2021 — well below adequacy threshold, the lowest confirmed score in the cluster. Source gaps: GIBiH institutional pages confirm audit mandate; primary statute text for Zakon o finansiranju not extracted. Currency: BAM (convertible mark, 1:1 EUR peg); fiscal year: calendar year.

Transparency Requirements