Q:
A:
Government close to reaching 2010 budget agreement with IMF
Belgrade,
27 October 2009
Minister of Finance Diana Dragutinovic today stated that the government is very close to reaching an agreement with the IMF regarding the budget for 2010, specifying that the projected revenues stand at between RSD 620 and 640 billion.
Diana Dragutinovic
Author:
infobiro.tv
At the meeting, held in the National Bank of Serbia, Dragutinovic said that the budget for 2010 will not be ‘revolutionary’, but will imply reduced public spending.
She said the talks are underway to adjust pensions and salaries, as well as to reach agreement on the efforts needed for fiscal stimuli.
The Minister stressed that the government intends to prevent any fiscal policy ‘experiments’, reiterating that the budget revenues will be between RSD 620 and 640 billion.
Dragutinovic noted that budget savings in 2010 will be attained by freezing salaries and pensions, reducing the number of employees, limiting subsidies and reducing the number of priorities when it comes to capital expenditure.
She said the talks are underway to adjust pensions and salaries, as well as to reach agreement on the efforts needed for fiscal stimuli.
The Minister stressed that the government intends to prevent any fiscal policy ‘experiments’, reiterating that the budget revenues will be between RSD 620 and 640 billion.
Dragutinovic noted that budget savings in 2010 will be attained by freezing salaries and pensions, reducing the number of employees, limiting subsidies and reducing the number of priorities when it comes to capital expenditure.
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