Q:
A:
Full consensus for ratifying energy agreement with Russia
Belgrade,
1 September 2008
Serbian Prime Minister Mirko Cvetkovic said that the Serbian government is in full consensus over the ratification of the energy agreement with Russia and stressed it is important that the gas pipe line passes through Serbia.
In an interview for yesterday’s edition of the Politika daily, Cvetkovic said that Russia may interpret certain signals as Serbia’s wish to back out of the arrangement, and added that he has assured Russian representatives that Serbia will hold true to the agreement and everything which Serbian President Boris Tadic has agreed to.
He explained it is necessary to determine the market value of the Serbian oil industry NIS because of the distribution of free shares to citizens, adding that it is important for the state that an additional assessment is performed to determine whether the inter-state arrangement is remunerative.
The Prime Minister stressed that the regular October pension increase has already been projected in the budget, whereas the non-regular 10% rise will increase budget expenditure by RSD 5.5 to RSD 6 billion.
Cvetkovic added that after the rebalance, the budget will be larger by RSD15–18 billion.
We will factor in additional funds for the ring road around Belgrade and works on Corridor 10 which are underway, said Cvetkovic.
He explained it is necessary to determine the market value of the Serbian oil industry NIS because of the distribution of free shares to citizens, adding that it is important for the state that an additional assessment is performed to determine whether the inter-state arrangement is remunerative.
The Prime Minister stressed that the regular October pension increase has already been projected in the budget, whereas the non-regular 10% rise will increase budget expenditure by RSD 5.5 to RSD 6 billion.
Cvetkovic added that after the rebalance, the budget will be larger by RSD15–18 billion.
We will factor in additional funds for the ring road around Belgrade and works on Corridor 10 which are underway, said Cvetkovic.
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