Q:
A:
2013 budget bill envisages deficit of 3.6% GDP
Belgrade,
26 October 2012
Minister of Finance and Economy Mladjan Dinkic stated that the Budget Bill for 2013 envisages a lower budget deficit of 3.6% of GDP.
Author:
novosti.rs
In an interview for today’s issue of Vecernje Novosti daily, Dinkic stressed that debt increase in 2013 will thus be halted, adding that the anticipated economic growth will be 2%.
The Minister explained that the budget will be restrictive and that it will mostly affect state organs at all levels.
He underlined that the budget for 2013 is a combination of saving on unnecessary expenses of red tape and the state apparatus on the one hand, and incentives to agriculture, infrastructure and economy on the other.
The Minister explained that the budget will be restrictive and that it will mostly affect state organs at all levels.
He underlined that the budget for 2013 is a combination of saving on unnecessary expenses of red tape and the state apparatus on the one hand, and incentives to agriculture, infrastructure and economy on the other.
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