Q:
A:
Parliament adopts 2010 budget revision
Belgrade,
30 November 2010
The parliament adopted a Law today amending the Law on the budget for 2010, which envisages revenues in the amount of RSD 660 billion and a deficit of RSD 120 billion.
Author:
Tanjug
The revised budget for 2010 set aside RSD 100 million for the rehabilitation of damage caused by the earthquakes in Kraljevo.
Transfers to the Fund for Pension and Disability Insurance increased by RSD 7 billion for the regular payment of pensions, while RSD 6.5 billion was earmarked for immediate assistance to pensioners in the individual amounts of RSD 5,000.
The revision of the budget also covers the expenditures of one-time assistance to employees in the public sector amounting to about RSD 2 billion, as well as expenditure for social protection amounting to around RSD 3.5 billion.
RSD 892 million was allocated for education, RSD 2 billion for industry subsidies, while subsidies for agriculture will amount to approximately RSD 650 million.
The revised budget for 2010 is in accordance with the agreement reached with the International Monetary Fund (IMF) that the state deficit does not surpass 4.8% of GDP for 2010.
The parliament also adopted the financial plans of the Republican Fund for Pension and Disability Insurance and the National Employment Service for 2010.
Transfers to the Fund for Pension and Disability Insurance increased by RSD 7 billion for the regular payment of pensions, while RSD 6.5 billion was earmarked for immediate assistance to pensioners in the individual amounts of RSD 5,000.
The revision of the budget also covers the expenditures of one-time assistance to employees in the public sector amounting to about RSD 2 billion, as well as expenditure for social protection amounting to around RSD 3.5 billion.
RSD 892 million was allocated for education, RSD 2 billion for industry subsidies, while subsidies for agriculture will amount to approximately RSD 650 million.
The revised budget for 2010 is in accordance with the agreement reached with the International Monetary Fund (IMF) that the state deficit does not surpass 4.8% of GDP for 2010.
The parliament also adopted the financial plans of the Republican Fund for Pension and Disability Insurance and the National Employment Service for 2010.
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