Bosnia and Herzegovina: 110 multimillionaires and over 1.000.000 hungry citizens

Since 2018, Bosnia has slowly sunk into a new recession, both because of its own weaknesses and even more so because of partner countries that have also weakened economically

Hungry citizens in Bosnia and Herzegovina eat from containers, Photo: social networks

But then no one could even think that one virus would ravage the world and that it would be the cause of major economic changes and economic difficulties in the world, including in Bosnia.

Recently, Ranka Ninković-Papić, director of the Foundation for Social Inclusion in Bosnia, said that about 1. 000,000 people in Bosnia live in poverty.

Sociologist Esad Bajtal told that people in Bosnia are apathetic, so additional poverty comes as a normal consequence of the pandemic, while, on the other hand, there are 110 multimillionaires in Bosnia who are “heavy” 10 billion dollars in such a small country.

What is evident is the widening gap between rich and poor, with the wealth of the most powerful also melting somewhat due to the effects of the corona, but the problem is that poverty progresses even faster.

“The whole world was not ready for this situation. Even developed countries, which generally have elaborate plans for everything, do not know what caught them.

The problem of Bosnia is that in this situation we do not all hit the same wedge – answered one analyst with whom we talked about the situation in which Bosnia found itself.

He says that, in his opinion, the claim of more than 1.000.000 poor in Bosnia needs a deeper foothold than the statements of non-governmental organizations.

– Maybe there are millions of poor people here. And we also know of some “poor” people who receive various forms of assistance and live very well because they do jobs that are not reported anywhere.

That it is difficult, it certainly is, however, if we compare the time of the Spanish flu with this today, that post-war time of famine and various other diseases, we will see how much better life is today, after all.

Had the coronavirus been rampant at a time when the human body was weakened, and medicine far from this today, the question is whether civilization would have survived at all.

That is why we need to step on the ball and look at things realistically “, this analyst told. According to the UN, the economic impact in Bosnia is disproportionately borne by the poorest and most vulnerable.

As many as 58.5 percent of households reported a worsening financial situation, and 25 percent of them experienced significant difficulties.

Particularly affected are those who considered themselves poor before the pandemic.

“Special support measures are needed for farmers, businesses, and those who feed their families by working in the informal sector,” said Steliana Nedera, UNDP Resident Representative in Bosnia.

Ingrid Macdonald, the UN Resident Coordinator in Bosnia, called for the categories of society that are already among the most vulnerable and lagging behind in the pandemic to be even more urgently involved in the targeted response efforts to COVID-19.

“We see this from all our assessments and actions at the local level: poverty and inequality are deepening, the gap is widening. The needs of the most vulnerable categories must be taken into account when addressing the consequences of this crisis so that no one is left neglected or forgotten ”, she emphasized

Analyze and Conclusion

The corruption Index in Bosnia and Herzegovina decreased to 35 Points in 2020 from 36 Points in 2019. 

  • The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean).

So, maybe here lies the answer to the question of so many hungry and too rich, 110 multimillionaires and over 1.000.000 hungry citizens in Bosnia and Herzegovina.

Source: Agencies

Our Portal “The Balkantimes Press” is trying to help hungry citizens in Bosnia and Herzegovina.

If you want to join our action to save lives and donate money, contact us at the email address: info@balkantimes.press

Napomena o autorskim pravima: Dozvoljeno preuzimanje sadržaja isključivo uz navođenje linka prema stranici našeg portala sa koje je sadržaj preuzet. Stavovi izraženi u ovom tekstu autorovi su i ne odražavaju nužno uredničku politiku The Balkantimes Press.

Copyright Notice: It is allowed to download the content only by providing a link to the page of our portal from which the content was downloaded. The views expressed in this text are those of the authors and do not necessarily reflect the editorial policies of The Balkantimes Press.

Contact Us