Economy of the Arab League
BELGRADE - Serbia registered a 37.6 bln dinar budget surplus between January and July, which is 123.6 bln dinars better than the planned 86 bln deficit, the Ministry of Finance said on Tuesday.
Revenues totalled 1,089 bln dinars, while expenditures amounted to 1,051.4 bln dinars.
A 23.1 bln dinar surplus was registered in July, the ministry said in a statement.
Salaries last year stood at 83.6% of the level they were at before the crisis, in 2009, while at prices without the inflation effect they were at just 71.3%, according to ELSTAT data processed by Eurobank and presented in its weekly bulletin.
This practically means that in the last 13 years purchasing power per employee has decreased by almost 30%.
BELGRADE - Serbia registered a 34.8 bln dinar budget deficit between January and May 2023, which is 84.3 bln dinars better than the planned 119.1 bln, the Ministry of Finance has announced.
Revenues totalled 718.3 bln dinars, while expenditures amounted to 753.1 bln dinars, the ministry said.
A 0.8 bln dinar deficit was registered in May.
Türkiye's exports rose 14.4 percent from a year ago to $21.7 billion in May, after plunging 17 percent annually in the previous month, data from the Turkish Statistical Institute (TÜİK) have shown.
Imports, which declined nearly 5 percent in April, increased by 15.5 percent last month to stand at $34.2 billion.
Production of the Turkish construction materials industry has exhibited an annual increase of 1.3 percent in March from a year ago, according to the data from the trading group.
The annual increase in the sector's output in the first half of 2023 was 1.2 percent, said the Association of Construction Materials Producers (İMSAD).