sarajevo dec 16 reuters  bosnias autonomous serb republic adopted a budget for 2022 that was marginally higher compared to this year but did not make provisions for the financing any new institutions that may result from its planned secession from bosnia the new budget adopted by the regional parliament late on wednesday earmarked 4 billion bosnian marka 23 billion for public spending up 02 from this years budget the same lawmakers voted last week to pull the serb republic out of bosnias armed forces tax system and judiciary the key pillars of the countrys joint security rule of law and economic system in a nonbinding motion the move has been condemned by the european union and its key western allies as damaging economic prospects of the region and stability of bosnia and the whole region read more the budget was supported with 48 votes in favour in the 83seat parliament based on the projection of 45 economic growth in 2022 revenues are projected at 33 billion marka fuelled mainly by indirect taxes the financing through issuing of sovereign debt is set at 720 million marka the budget spending of 357 billion marka will mostly go to cover salaries pensions and social benefits while 4546 million marka will be used to service debt serb republic prime minister radovan viskovic has said that funds needed for the financing of new institutions such as separate tax administration could be taken from government reserve funds