Serbia’s public debt 47.8% of the national GDP

Serbia posted a budget surplus of 5.3 billion dinars (45.2 million euros) in the first two months of 2024, compared to a deficit of 3 billion dinars in the prior-year period, the Finance Ministry said on Thursday.

Total budget revenues rose by a real 18.1% on the year to 331.6 billion dinars in the period under review, while expenditures increased by 15% to 326.3 billion dinars, the finance ministry said in a statement.

Tax revenues increased by a real annual 22.1% to 291.4 billion dinars in January-February of 2024, non-tax revenues rose by 66.8% to 38.7 billion dinars, while grants fell to 1.5 billion dinars from 18.9 billion dinars in the prior-year period.

On the expenditure side, capital expenditure fell to 40.1 billion dinars from 42.1 billion dinars.

For the month of February alone, Serbia’s budget was in deficit of 24.9 billion dinars, following a surplus of 30.2 billion dinars in January.

Serbia’s public debt in February increased by 26.3 billion dinars compared to the previous month and amounted to 4,268.1 billion dinars, i.e. 36.4 billion euros, while the share of public debt in GDP stood at 47.8 percent.

(Politika, 04.04.2024)

This post is also available in: Italiano

Share this post

Leave a Reply

Your email address will not be published. Required fields are marked *

scroll to top