VUCIC: Surplus at RSD 34.3 billion, public debt under control

Prime Minister Aleksandar Vucic stated on Monday, November 7, that the surplus amounted to RSD 34.3 billion at the moment, and that a deficit had been planned.

– The Assembly of the Republic of Serbia adopted a deficit of RSD 122 billion, that is, EUR 1 billion. This is something that the IMF also agreed on. At this moment, our surplus amounts to RSD 34.3 billion, and all the interests, the most pressing ones, were paid in March, July, and October – the prime minister said in Upitnik on RTS.

Vucic emphasized that everything had been paid without a single day's delay, including EUR 100 million to the London Club and EUR 20 million to local banks.

– Our conduct is on the level – he said and rejected the claims made by certain journalists that the state would end up with a deficit.

The public debt is under control and has stopped growing, Vucic stated and specified that the IMF and the World Bank agreed.

The prime minister said that the growth of the GDP amounted to 3% and specified that the public debt had reduced by around EUR 240 million compared to 2015. The aim is for it to go below the Maastricht criterion, i.e. below 60% of the GDP, Vucic said and noted that the inflation rate was moderate, despite the increase in public sector salaries.

He said that we were looking for sources of growth and that we had talked to the French for the first time about the construction of the subway to that end.

– Since the numbers by the world's financial powers prove that our results are good, we can now plan to enter the top 30 on the Doing Business list, and I'm telling you now that we will also enter the top 20 – Vucic said.

Vlada Republike Srbije

Međunarodni monetarni fond - MMF Beograd

Svetska Banka-WB Beograd

Government of Serbia

Aleksandar Vucic

International Monetary Fund

IMF

World Bank

public debt

budget

growth of GDP