Government adopts revision, Mali claims – revenues higher by RSD 180 billion

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    Government adopts revision, Mali claims – revenues higher by RSD 180 billion

    The Government of Serbia has adopted the Bill on Amendments to the 2022 Budget Act, which envisages total revenues and income in the amount of RSD 1,709.5 billion.

    Tax revenues planned by the budget revision amount to RSD 1,490.6 billion, non-tax revenues amount to RSD 199.7 billion, and expenditures and expenses amount to RSD 1,988.5 billion, the statement says.

    The amount of RSD 419.2 billion is allocated for capital investments, i.e. 5.9 percent of gross domestic product (GDP), while at the level of the general government this figure is about RSD 512.7 billion, i.e. 7.2 percent of GDP.

    At the session, the Bill on the Temporary Register of the Citizens of the Republic of Serbia from 16 to 29 years of age was also adopted, on the basis of which young people from that population will be paid the amount of RSD 5,000 each.

    Government members adopted an amended Pension and Disability Insurance Act, which provides for a nine percent pension increase this November.

    Finance Minister Sinisa Mali has said that the Government of Serbia adopted the 2022 budget revision, because the recorded revenues are higher by 180 billion dinars and the state wants to pay all its liabilities by the end of the year, so deficit will be 3.9 percent of GDP.

    Mali said that the money was provided for infrastructure works, increased pensions by nine percent as of December 1, and the payment of one-time support for young people of RSD 5,000.

    “We have been in the parliament since Monday,” Mali announced, adding that the state had RSD 300 billion in the budget and that public debt was 53.7 percent of gross domestic product.

    Izvor: Agencije

    Foto: Pixabay

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