December 6 (SeeNews) - Bosnia's Federation government said on Friday the entity's tax administration has collected 4.8 billion marka ($2.7 billion/2.5 billion euro) in tax revenue in the first eleven months of 2019, up 1.9% compared to the like period of last year.
Revenue from direct taxes fell 6.0% on the year to 1.2 billion marka in January-November, the government said in a statement.
Revenue from contributions, on the other hand, rose 6.6% on the year to 3.3 billion marka in the January-November period on the back of higher payments into the state pension and health insurance funds.
The Federation is one of two entities that form Bosnia and Herzegovina. The other one is the Serb Republic.
(1 euro = 1.95583 marka)