Q:
A:
Serbia’s budget solvent despite deficit
Belgrade/Becici,
4 June 2010
Minister of Finance Diana Dragutinovic said today in Becici that privatisation this year is expected to bring around €1.7 billion in revenues, while the sale of mobile operator Telekom Srbija alone will bring more than €1.5 billion.
Dragutinovic announced at a summit of central bank governors and finance ministers of the countries of southeastern Europe held in Becici, that revenues from privatisation in this and next year, excluding the Telekom Srbija sale, should bring almost RSD 40 billion.
The Minister confirmed that the budget has considerable reserves of €600 million and is solvent, despite a deficit.
At the summit, governors and finance ministers will exchange experiences on budget income and expenditure in times of crisis, public consumption, public debt, fiscal policy challenges, EU integration, the Greek Agenda, and the relation between fiscal and monetary policies following recession.
The Minister confirmed that the budget has considerable reserves of €600 million and is solvent, despite a deficit.
At the summit, governors and finance ministers will exchange experiences on budget income and expenditure in times of crisis, public consumption, public debt, fiscal policy challenges, EU integration, the Greek Agenda, and the relation between fiscal and monetary policies following recession.
-
Belgrade, 11 July 2025Potential for improving cooperation with Belarus in many areas
-
Požega, 5 July 2025Section of Pakovraće - Požega highway officially opened
-
Belgrade, 2 July 2025Technical specifications defined for Serbia-Hungary oil pipeline
-
Belgrade, 30 June 2025IMF confirms Serbia successfully implementing all agreed reforms
-
Belgrade, 27 June 2025Double Taxation Avoidance Agreement with Germany signed
-
Kostolac, 25 June 2025Construction of Kostolac wind farm nearing completion
-
Belgrade, 24 June 2025Government supports request for new postponement of sanctions against NIS
-
Belgrade, 23 June 2025Procedures to facilitate sale of Serbian products to China to be accelerated
-
Belgrade, 21 June 2025Serbia receives first funds under Growth Plan for the Western Balkans
-
Belgrade/Cairo, 20 June 2025New phase in relations with Egypt in field of agriculture