Vucic: Budget surplus of 34.3bln Dinars

Prime Minister Aleksandar Vucic revealed that the budget surplus amounted to RSD 34.3 billion,  and that deficit had been planned too.

– The Serbian Parliament approved of the budget deficit in the amount of  RSD 122 billion, that is, EUR 1 billion. This is something that the IMF also agreed on. At this moment, our surplus amounts to RSD 34.3 billion, and the most pressing interest rates were paid in March, July, and October – the PM said for RTS.

Vucic underlined that everything had been paid without a single day’s delay, including the EUR 100 million to the London Club and EUR 20 million to local banks.

The public debt is under control and has stopped growing, Vucic stated and specified that the IMF and the World Bank acknowledged that too.

The prime minister went on to say that the GDP growth stood at 3% and specified that the public debt had been reduced by around EUR 240 million compared to 2015. The aim is to reduce it below the Maastricht criterion, i.e. under 60% of the GDP, Vucic said and noted that the inflation rate was moderate, despite the increase in public sector salaries.

(eKapija, 08.11.2016)

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