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budget deficit

Serbia’s budget deficit at 2.6% of GDP and the fiscal balance between restraint and pressure

Serbia closed 2025 with a budget deficit of 271.45 billion RSD, equivalent to 2.6% of GDP. In formal terms, that result still places public...

Serbia’s budget deficit widens as fiscal pressures accumulate

By the end of November, Serbia’s consolidated budget deficit reached RSD 72.779 billion, equivalent to approximately €620 million, highlighting growing fiscal strain as the year drew...

Serbia’s budget deficit reaches 75.8 billion dinars in September, public debt stands at €38.1 billion

Serbia’s budget deficit reached 75.8 billion dinars at the end of September 2025, according to data released by the Ministry of Finance. This figure...

Serbia’s budget deficit reaches 75.8 billion dinars by end of September, public debt at 43% of GDP

Serbia’s budget deficit at the end of September 2025 amounted to 75.8 billion dinars, performing 76.4 billion better than planned, as the initial target...

Belgrade budget revision shows rising debt, higher public spending and decline in investments

On October 30, the Belgrade City Assembly is set to discuss and adopt a budget revision projecting a budget deficit of 10.8 billion dinars...

Serbia reports lower-than-expected budget deficit in January–July 2025

Serbia’s budget deficit for January–July 2025 totaled 22.9 billion dinars, significantly lower than the planned deficit of 141.7 billion dinars, according to the Ministry...

Serbia’s national budget deficit narrows significantly in first half of 2025 with surplus in June

In the first half of 2025, Serbia’s national budget deficit amounted to 36.4 billion dinars, significantly better than the planned deficit of 169.8 billion...

Serbia’s budget deficit narrowed to 72.1 billion dinars in first five months of 2025, surpassing planned targets

In the first five months of 2025, Serbia recorded a budget deficit of 72.1 billion dinars, outperforming the planned deficit of 119.4 billion dinars...

Belgrade City Assembly reviews 11.6 billion dinar budget deficit and plans major borrowing for infrastructure and communal projects

The Belgrade City Assembly is meeting, and among the agenda items is the city’s budget revision for this year, which shows a deficit of...

Belgrade faces record 11.3 billion dinar budget deficit amid criticism of Mayor’s financial management

Nikola Jovanović, director of the Center for Local Self-Government, stated that the proposed rebalancing of Belgrade’s 2025 budget, which will be discussed at the...

Belgrade City Assembly to discuss 2025 budget amendments and major infrastructure projects

The Belgrade City Assembly will hold a session tomorrow at 10:00 a.m. during which several important decisions will be considered, most notably the proposal...

Serbia to issue €250 million and 35 billion dinar bonds to finance budget and investments

The Government of Serbia has announced the issuance of long-term government bonds to finance the budget deficit, refinance existing public debt and support investment...

Serbia’s budget deficit in Q1 better than expected, reaching 27.8 billion dinars

Serbia's budget deficit for the first quarter of this year stood at 27.8 billion dinars, which is 122.7 billion dinars better than the budget...

Serbia’s economic growth in 2024: Strong industrial production, lower inflation and growing foreign trade

In 2024, Serbia emerged as one of the fastest-growing economies in Europe. However, imports grew at a faster pace than exports, and inflation in...
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