BELGRADE -- Serbian Parliament adopted today a budget for 2020 that anticipates wage and pension increases
Source: Tanjug
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Foto: Epa, Koca Sulejmanovic
The budget also foresees record allocations for capital investment that will stimulate further GDP growth.
The budget foresees total revenues of RSD 1,314.5 billion and expenditures of RSD 1,334.7 billion, which implies a deficit of RSD 20.2 billion, or 0.3 percent of GDP.
For the next year, the projected real growth of the economy is four percent. This budget completes the process of consolidating public finances and marks the beginning of development, Prime Minister Ana Brnabic and Finance Minister Sinisa Mali said during a keynote debate.
“Foreign investors have received 443 million euro in subsidies so far, which is 6,795 euro per each new job created, on average." (Serbian Monitor)
If the budget deficit is 171 million Euros then these subsidies are more than twice as large as the total deficit.
(Make Serbia Great, 28 November 2019 20:03)
“Foreign investors have received 443 million euro in subsidies so far, which is 6,795 euro per each new job created, on average." (Serbian Monitor)
If the budget deficit is 171 million Euros then these subsidies are more than twice as large as the total deficit.
(Make Serbia Great, 28 November 2019 20:03)
“Foreign investors have received 443 million euro in subsidies so far, which is 6,795 euro per each new job created, on average." (Serbian Monitor)
If the budget deficit is 171 million Euros then these subsidies are more than twice as large as the total deficit.
(Make Serbia Great, 28 November 2019 20:03)
