Q:
A:
Government plans to limit price growth
Belgrade,
19 January 2005
Serbian Minister of Trade, Tourism and Services Bojan Dimitrijevic said that the government plans to adopt a decree to limit the prices of products and services in 2005, which would harmonise prices with a 9.1 percent projected inflation.
Dimitrijevic told a press conference that the government is resolute to maintain the prices on the level defined by the Budget Law, and added that such a decree is not politically motivated.
He noted that the Ministry will examine the prices of communal services, adding that the prices in Belgrade went up more than it was necessary as a result of the introduction of the value-added tax (VAT).
The minister appealed to local authorities to re-examine the correction in prices of communal services.
The Ministry analysed the effects of the VAT and concluded that oil prices went down, the price of bread remained unchanged, while there was almost no change in the price of postal services either.
According to him, some products, including oil, sugar, flour, meat and milk went up, while confectionary products and personal hygiene supplies went down.
The tax rate for one third of the products went up by 8 percent, while 70 percent of the products moved from 20 percent to 18 percent, the minister said, noting that the VAT introduction will have a neutral effect.
He noted that the Ministry will examine the prices of communal services, adding that the prices in Belgrade went up more than it was necessary as a result of the introduction of the value-added tax (VAT).
The minister appealed to local authorities to re-examine the correction in prices of communal services.
The Ministry analysed the effects of the VAT and concluded that oil prices went down, the price of bread remained unchanged, while there was almost no change in the price of postal services either.
According to him, some products, including oil, sugar, flour, meat and milk went up, while confectionary products and personal hygiene supplies went down.
The tax rate for one third of the products went up by 8 percent, while 70 percent of the products moved from 20 percent to 18 percent, the minister said, noting that the VAT introduction will have a neutral effect.
-
Kostolac, 14 July 2025First solar power plant Petka in Kostolac put into trial operation
-
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