The Serbian parliament adopted today the Budget Law for 2019, which envisages revenues of RSD 1,246.2 billion and expenditures of RSD 1,269.1 billion, so the deficit will be RSD 22.9 billion, which is 0.4 percent of the expected gross domestic product (GDP).
Q:
A:
Parliament adopts 2019 budget law
Belgrade,
7 December 2018
The budget is projected on the basis that the GDP growth will be 3.5 percent next year, and that inflation will amount to 2.3 percent.
The budget envisages funds to increase salaries in the public sector from seven to 12 percent, so that the total salary fund at all levels of government in 2019 will be higher by RSD 33 billion than this year, while allocations for pensions from the state budget and the Pension and Disability Insurance Fund (PIO) will be increased by RSD 35 billion.
RSD 165.5 billion is envisaged for capital investments, which is 30 percent more than this year.
-
Belgrade, 13 August 2025High level of understanding, agreement between Serbia, Austria
-
Belgrade, 13 May 2025Serbia's sincere, firm commitment to European path, reforms and dialogue
-
Belgrade, 13 May 2025Vučić welcomes European Council President in front of Palace of Serbia
-
Belgrade, 16 April 2025New Serbian government voted in
-
Belgrade, 15 April 2025Building unity through dialogue, tolerance, respect for value system
-
Belgrade, 14 April 2025National Assembly speaker convenes session on government election
-
Belgrade, 6 April 2025Đuro Macut nominated as prime minister-designate
-
Belgrade, 2 April 2025Positive trend in growth of trade exchange with UK
-
Belgrade, 19 March 2025Parliament confirms resignation of Prime Minister Miloš Vučević
-
Belgrade, 12 March 2025Vučić welcomes President of Burundi in front of Palace of Serbia