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fiscal deficit

Serbia’s budget expands in early 2026 as capital spending drives fiscal deficit

Serbia’s fiscal position in early 2026 reflects a deliberate policy choice to sustain economic activity through public spending at a time when industrial output...

Serbia expands fiscal deficit as capital spending accelerates in early 2026

Serbia’s fiscal trajectory in early 2026 reflects a deliberate and increasingly visible policy shift toward expansionary spending, with the state assuming a more active...

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...

IMF report praises Serbia’s progress, highlights key challenges ahead

The International Monetary Fund (IMF) has commended Serbia's progress in reducing its fiscal deficit and public debt, following the fourth revision of its stand-by...

President discusses Serbia’s new IMF arrangement, emphasizes control over deficit and public debt

In a recent statement to journalists in Freiberg, Serbian President Aleksandar Vučić commented on the approval of a new non-financial arrangement with the International...

IMF approves new policy coordination instrument for Serbia to support ongoing reforms

The Board of Directors of the International Monetary Fund (IMF) has confirmed a new non-financial arrangement for Serbia, in the form of the Policy...

Belgrade to end year with record fiscal deficit, warns of potential government restructuring

The City of Belgrade is expected to end the year with a fiscal deficit of 20 billion dinars, marking an unprecedented record in recent...

The main source of the fiscal deficit in Serbia is the energy sector

Macroeconomic trends worsened last year, inflation accelerated, while gross domestic product growth was lower than in the countries of Eastern and Central Europe, President...
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