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2010 budget to ensure stability of dinar, prices
Kragujevac,
2 December 2009
Deputy Prime Minister for EU integration and Minister of Science and Technological Development Bozidar Djelic today said that the bill on the budget for 2010 is realistic, bearing in mind that it is being adopted at a time when the crisis is passing, but has not yet fully ended.
Djelic, who is taking part in the second conference of the Forum of Partners for the Implementation of the National Sustainable Development Strategy in Kragujevac, stressed that the budget will ensure the stability of prices and the dinar, as well as preserve the economic structure.
The Deputy Prime Minister emphasised that the 2010 budget will also enable the financing of key national infrastructure projects, such as Corridor 10 and the South Adriatic motorway.
He said he expects that salaries and pensions funded from the budget will be frozen for only one more year, adding that projections about the 1.5% GDP rise show that the state anticipates a gradual retreat of the crisis in the economy.
Djelic explained that most provisions in the 2010 budget remained at the nominal level, stressing that funding for the sciences has been increased from RSD 8 to RSD 9 billion.
He voiced his expectation that next week there will be more good news for Serbia when it comes to the Transitional Trade Agreement, underlining that Serbia is already a part of Europe, bearing in mind the fact that EU institutions financed 80% of infrastructure projects in Serbia this year.
Speaking about the implementation of the National Sustainable Development Strategy, the Deputy Prime Minister stressed that the Strategy might be revised because it was drafted before the global crisis began.
He said that when the document was adopted last year, the financial projects for its implementation were in place, but they cannot be realised now due to the crisis, since there are insufficient funds at state and local levels.
The Strategy has yielded satisfactory results, for instance in the energy sector, where tenders for two new thermal power plants have been initiated and the plants will be constructed in line with European environmental standards, Djelic said, noting that the government adopted the decree enabling the production of electricity from renewable energy sources.
Djelic said that the National Sustainable Development Strategy has helped to form Serbia’s platform for the upcoming Copenhagen Conference at which countries will try to reach a global agreement about reduction of carbon-dioxide emissions over the next two decades.
The Deputy Prime Minister emphasised that the 2010 budget will also enable the financing of key national infrastructure projects, such as Corridor 10 and the South Adriatic motorway.
He said he expects that salaries and pensions funded from the budget will be frozen for only one more year, adding that projections about the 1.5% GDP rise show that the state anticipates a gradual retreat of the crisis in the economy.
Djelic explained that most provisions in the 2010 budget remained at the nominal level, stressing that funding for the sciences has been increased from RSD 8 to RSD 9 billion.
He voiced his expectation that next week there will be more good news for Serbia when it comes to the Transitional Trade Agreement, underlining that Serbia is already a part of Europe, bearing in mind the fact that EU institutions financed 80% of infrastructure projects in Serbia this year.
Speaking about the implementation of the National Sustainable Development Strategy, the Deputy Prime Minister stressed that the Strategy might be revised because it was drafted before the global crisis began.
He said that when the document was adopted last year, the financial projects for its implementation were in place, but they cannot be realised now due to the crisis, since there are insufficient funds at state and local levels.
The Strategy has yielded satisfactory results, for instance in the energy sector, where tenders for two new thermal power plants have been initiated and the plants will be constructed in line with European environmental standards, Djelic said, noting that the government adopted the decree enabling the production of electricity from renewable energy sources.
Djelic said that the National Sustainable Development Strategy has helped to form Serbia’s platform for the upcoming Copenhagen Conference at which countries will try to reach a global agreement about reduction of carbon-dioxide emissions over the next two decades.
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