Serbia’s Finance and Economy Minister Mlađan Dinkić said it had been agreed with the IMF that the consolidated budget deficit for 2013 could slightly exceed the planned 3.6% of the value of the GDP. He said that a higher deficit could result from increased expenditures for the compensation of debts inherited from the past and not from budget repairs for the following year.
He said that the health sector owed RSD 26 billion in total as the state owes a large amount of money to pharmaceutical companies, but also to road construction companies. Local self-rules are indebted to construction companies due to the implemented capital investments and some money is also owed to the judiciary, he said. He said he believed that the IMF mission, which is visiting Belgrade on November 13, would confirm the draft budget for the following year.
Source Balkans
