Problem resolution announced in the Serbian Parliament

The deputies will have to deal with a whole series of laws in the field of economy. The session is also attended by the Minister of Finance, Sinisa Mali.

The main topic of Assembly discussion is the Draft Law on Amendments to the Budget Law for 2021, i.e., the budget rebalancing. This is an urgent procedure, which envisages financial means for the implementation of the third financial assistance package to citizens and the economy. Another dozen of bills in the field of finance will be discussed in the next two 10 days.
The proposed budget rebalancing envisages 1,356.2 billion dinars of total revenues and incomes, 1,768.4 billion dinars of total expenditures and expenses. The GDP projection for this year has been kept at the level of 6 percent.
Presenting the details of the rebalancing proposal, the Minister of Finance said that the public debt at the general level will not exceed 60 percent at the end of the year, which he believes is a good result, given the actual pandemic and its effects worldwide.
"We will maintain the Maastricht level, we do not want the debt to exceed 60 percent," concluded Mali.
In his address, the minister also referred to the fact that Serbia managed to achieve one of the best results in Europe when it comes to GDP growth regardless of unfavorable conditions, to preserve employment and the economy, and to show that the state is there for the economy and its citizens. He also noted that inflation is stable and at low level with the stable exchange rates.

Three reasons for rebalancing

Earlier, in one of his speeches, Minister said that the budget rebalancing is done in front of the deputies in order to continue the battle against the coronavirus, raise the standard of citizens and complete...