Fiscal Council

BELGRADE - Pursuant to the Budget System Law, Serbian President Aleksandar Vucic has put Pavle Petrovic forward to the parliament as president of the Fiscal Council.

With his strong, serious and constructive criticism, Petrovic has made a major contribution to the successful economic policy of the Serbian government over the past period, Vucic explained in the proposal.

Cities and municipalities in Serbia owe around a billion euros and are late in paying mature obligations of 300 million, - four percent of GDP.

Beta is reporting this, citing Fiscal Council chairman Pavle Petrovic, who spoke during a news conference in Belgrade on Tuesday.

BELGRADE - The Serbian government has practically achieved, or even exceeded, the 2015-2017 fiscal consolidation targets, the Fiscal Council said in document prepared for the Kopaonik Business Forum, to ceremonially open late Monday.

The proposed 2017 budget bill brings improvements to public finances, but the opportunity to take a bigger stride towards a lasting recovery has been missed.

This is according to the Fiscal Council - an independent state institution that reports to the Serbian National Assembly.

The Fiscal Council says the announced increase in salaries and pensions in 2017 could very easily prove premature, Beta is reporting.

The Council made this statement on Thursday, in the context of "all the unsolved problems of Serbia's public finances."

BELGRADE - Serbia should not give up on its path toward the European Union as that path is one of the elements of the country's stability, Fiscal Council member Vladimir Vuckovic said Monday.

When looking at who they are dealing with and what country they are coming to, foreign investors are mindful of whether the country is stable, Vuckovic told Tanjug.

BELGRADE - A salary and pension increase should be considered carefully, and this time next year - when the 2018 budget is to be established - could be the time to think about that, says Fiscal Council member Vladimir Vuckovic.

BELGRADE - A salary and pension increase should be considered carefully, and this time next year - when the 2018 budget is to be established - could be the time to think about that, says Fiscal Council member Vladimir Vuckovic.

A salary and pension increase should be considered carefully, Fiscal Council member Vladimir Vuckovic has said.

This time next year - when the 2018 budget is to be established - could be the time to think about that, he said.

BELGRADE - President of the Fiscal Council Pavle Petrovic said Monday that there was no time for the new government to relax, as it had to speed up reforms, primarily when it came to the rationalization of the public sector and privatization.