Q:
A:
Law on 2013 budget adopted
Belgrade,
1 December 2012
Serbian parliament members adopted today the Law on budget for 2013 which envisages a deficit of RSD 121.9 billion or 3.3% of gross domestic product (GDP).
Author:
Tanjug
The budget was voted for by 138 MPs, 69 were against and 3 did not vote.
According to the budget adopted, the economic and fiscal policy in 2013 will focus on macroeconomic stability, accelerating economic growth and slowing the fall in employment, reducing the fiscal deficit and slowing the growth of public debt, as well as structural reforms.
It is estimated that the rate of real GDP growth in Serbia in 2013 will amount to 2% and the inflation rate will be 5.5%.
Revenues of the state budget are projected at the level of RSD 956.44 billion, and expenditures at RSD 1078.32 billion.
Tax revenues amount to RSD 837.1 billion, while non-tax revenues and earnings stand at RSD 103.3 billion, while the rest comes from donations in the amount of RSD 1.2 billion.
MPs will continue work on 3 December by a unified discussion on several bills, including the Bill on public companies.
According to the budget adopted, the economic and fiscal policy in 2013 will focus on macroeconomic stability, accelerating economic growth and slowing the fall in employment, reducing the fiscal deficit and slowing the growth of public debt, as well as structural reforms.
It is estimated that the rate of real GDP growth in Serbia in 2013 will amount to 2% and the inflation rate will be 5.5%.
Revenues of the state budget are projected at the level of RSD 956.44 billion, and expenditures at RSD 1078.32 billion.
Tax revenues amount to RSD 837.1 billion, while non-tax revenues and earnings stand at RSD 103.3 billion, while the rest comes from donations in the amount of RSD 1.2 billion.
MPs will continue work on 3 December by a unified discussion on several bills, including the Bill on public companies.
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