Proposal of budget of Serbia for 2018 at National Assembly session on December 6
The Government of Serbia adopted the draft law on budget for 2018 on November 29. The budget plans an income of RSD 1,178 billion and expenditures of RSD 1,207 billion.
The planned fiscal deficit of the Republic for the next year amounts to 0.6% of the GDP, that is, RSD 28.4 billion, which is RSD 40.7 billion lower than the deficit planned by the budget for 2017.
Minister of Finance of Serbia Dusan Vujovic stated on December 4 that, in 2018, more funds would be set aside from the state budget for capital expenditures – RSD 128.3 billion, which is 2.7% of the expected GDP.
He said at the session of the Committee on Finance, State Budget and Control of Public Spending of the National Assembly of Serbia that the majority of the money for investments, RSD 54 billion, was meant for infrastructure.
At the end of 2017, according to Vujovic, the state budget will have a surplus of 0.7% of the GDP, even though a deficit was planned.
Most Important News
11.03.2024. | Healthcare
Are Marketing Experts Reading Our Minds? – eKapija Investigates: What Neuromarketing Is and How Much It Is Used in Serbia
11.03.2024. | Construction, Transport
Tender for Continuation of Construction of Patrijarha Pavla Blvd Stopped – Contractors Demanding Price Higher Than Estimated
11.03.2024. | Construction, Transport
11.03.2024. | Construction, IT, Telecommunications
Auction for 5G Network by End-Year, Minister Announces
11.03.2024. | Construction, IT, Telecommunications
27.03.2024. | Industry, Transport, Finance
City to Waive Over 30 Zemun and Palilula Bus Lines to Private Transporters – Draft Public-Private Partnership for 10-Year Period Ready, Job Worth Half a Billion Euros
27.03.2024. | Industry, Transport, Finance
17.01.2024. | Industry, Healthcare
Ceremony of Opening of Centers of Excellence in Kragujevac Planned for Spring – Official Beginning of Operations in June
17.01.2024. | Industry, Healthcare
27.03.2024. | Construction, Healthcare
Contractors for Construction of Tirsova 2 to Be Sought in Competitive Procedure with Negotiation – State Opens New Tender, Price Remains Same
27.03.2024. | Construction, Healthcare