The deficit of the state budget of Serbia in the first quarter of 2020 amounted to RSD 46.9 billion, the Ministry of Finance announced today.
The income amounted to RSD 296.3 billion, whereas the expenditures amounted to RSD 343.3 billion.
The March deficit was RSD 46.3 billion.
In March, the collected revenues amounted to RSD 91.6 billion, with tax income amounting to RSD 81.4 billion. Most tax revenues pertain to the payment of VAT (RSD 44.8 billion) and excise taxes (RSD 18.3 billion).