31. July 2018.
Sarajevo Film Festival generated $30,8m for local economy and has a positive effect on international perception of Bosnia and Herzegovina
An independent study on economic, cultural and social impact of Sarajevo Film Festival, conducted by Olsberg SPI, showed that the festival generated $30,8m income for the local economy, and jobs for 1.385 workers. Total economic output from the Festivals activities in 2017 amounted to $6,1m and 99 full time employees. For each Bosnian marka (BAM) of public money put into the Festival, BAM 2.11 ($1.3) of total taxation was generated. Festival contributes to development of the film industry in the region, has a positive effect on the image of Bosnia and Herzegovina, and creates a sense of unity among the locals.
