SARAJEVO (Bosnia and Herzegovina), May 19 (SeeNews) - The government of Bosnia and Herzegovina's Federation said on Thursday it has approved a programme to subsidise citizens for the purchase of new electric and hybrid vehicles.
The entity's government will provide up to 1 million marka ($538,900/511,300 euro) to finance the incentive this year, it said in a press release.
The subsidy for the acquisition of electric vehicles will stand at 10,000 marka. A subsidy of 5,000 marka will be provided for the acquisition of plug-in hybrid vehicles with carbon dioxide (CO2) emissions of up to 50 grammes per kilometre or full hybrid vehicles with CO2 emissions of up to 130 grammes per kilometre.
Citizens can apply for the subsidies by December 12 or until the amount budgeted is spent.
The Federation is one of two autonomous entities that form Bosnia and Herzegovina. The Serb Republic is the other entity.
(1 euro = 1.95583 marka)