At the end of the year, about EUR 9.4 million was redirected from the current budget reserve to the Ministry of Finance to settle obligations based on arbitration, as seen in the resolution published in the Official Gazette in late December. The resolution does not specify which arbitration case is involved.
Originally, this EUR 9.4 million were allocated for various other activities and projects in the 2023 budget. For instance, EUR 3.1 million were intended for land expropriation for the construction of capital projects, EUR 500 thousand for the construction of a tunnel connection from Karađorđeva Street to the Danube slope, EUR 969 thousand for managing EU funds and the European integration process under the jurisdiction of the Ministry of Finance.
Additionally, EUR 2.4 million were earmarked for administrative support for managing the financial and fiscal system.
However, this money is now being transferred to the current budget reserve, and from there, it is allocated to the Ministry of Finance for “providing the missing funds necessary to settle obligations based on arbitration.”
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