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“Lowest-ever deficit, we are fighting for 4 pct growth”

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The Serbian government on Thursday adopted the 2017 budget bills, with a planned deficit of 1.7 pct of GDP – the lowest in Serbia’s history.

And if we reach a 4 pct growth rate next year, we will become the first- or second-ranked country in Europe in that regard, PM Aleksandar Vucic said Thursday.

“It will probably be the first year since 1945 that we have such a projection, regardless of the fact that we will also pay 100 mln euros to the Russians and that we have spent 100 mln euros on pensions in one-off assistance,” Vucic said in Valjevo, where he attended the 10th anniversary celebrations of Slovenian household appliance maker Gorenje’s operations in the city.

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We ended November with a 3.1 bln dinar surplus, which is about 25 mln euros, and the total surplus since the beginning of the year stands at 37 bln dinars – over 300 mln euros, he said.

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