The government has set the price of electricity from July 1st to August 31st

Having in mind the drastic increase in electricity prices on the stock exchanges in the last few months, the Government of Serbia adopted a Conclusion recommending the Public Company Electric Power Industry of Serbia to charge the reserve power supply to end customers who are not entitled to guaranteed supply, during the time period between July 1 and August 31, 2022, at the price of 97.50 EUR / MWh without VAT, so as not to jeopardize the business and economic environment in Serbia.

As stated on the Government's website, in order to protect the market, economy and security of citizens, a decision was made that in the same time period, from July 1 to August 31, 2022, the price of electricity for customers in the commercial market will be 75 EUR / MWh without VAT.

At today's session, the Government of the Republic of Serbia has adopted the Fiscal Strategy for 2023 with projections for 2024 and 2025, which ensures the realization of the basic goals of the Government in defining economic and fiscal policy and balancing the macroeconomic and fiscal position of the state, bearing in mind the economic crises caused by the COVID virus in 2020 and 2021.

The strategy is the basic document of the Government in terms of determining the fiscal position of the country and it defines the projections for the entire fiscal framework in the period 2023-2025, i.e. total revenues, expenditures, deficit and public debt of the general government sector.

Vlada Republike Srbije

Akcionarsko društvo Elektroprivreda Srbije Beograd

Government of Serbia

Electric Power Industry of Serbia

EPS

Fiscal Strategy for 2023

increase in electricity prices

reserve supply of electricity to end customers