Supported byOwner's Engineer
Clarion Energy banner

Stable, solid funding, realistic budget

Supported byspot_img

We have secured stable and solid funding, and this is the best-tailored budget, while also being a realistic one, Serbian PM Aleksandar Vucic told MPs during a debate on the 2017 budget bill.

“I am very proud of that fact,” Vucic said, adding that a 122.1 bln dinar deficit had been planned for 2016 – and seen as a good deficit on the economy’s way out of the crisis.

As of today, we have a 31 bln surplus, Vucic said.

Supported by

Some are describing the 2005 and 2006 budgets as the best, even though funds obtained from privatisations were shown in the budget, and all expenditures were based on such revenues, which were unrealistic, Vucic said, citing the approx. 1.5 bln euro sale of Mobtel, which was shown as regular revenue.

“Then we embarked on a complete disaster as there was nothing to privatise. There have been no such revenues since 2008,” Vucic said.

Supported by

RELATED ARTICLES

Supported byClarion Energy
spot_img
Serbia Energy News
error: Content is protected !!