RSD 1

149 (out of 250) people's deputies (members of the Assembly) were in attendance, Tanjug reported.

According to the Serbian government, the new budget envisages revenues of RSD 1,246.2 billion and expenditures of RSD 1,269.1 billion, so the deficit will be RSD 22.9 billion, which is 0.4 percent of the expected gross domestic product (GDP).

The Serbian National Assembly on Thursday passed the 2018 budget bill, which envisions revenues of RSD 1,178 billion and expenditures of 1,207 billion.

The planned national fiscal deficit for 2018 is 0.6 percent of GDP, or 28.4 billion, which is 40.7 billion below the deficit planned in the 2017 budget.

Investigation launched against Farmakom owner

BELGRADE -- The Organized Crime Prosecutor's Office launched an investigation on Tuesday against Miroslav Bogićević, owner and director general of Concern Farmakom MB.

Six more persons are also investigated on suspicion of defrauding Privredna Banka (bank) Belgrade.

BELGRADE - The Organized Crime Prosecutor's Office launched an investigation on Tuesday against Miroslav Bogicevic, owner and director general of Concern Farmakom MB, and six more persons on suspicion of defrauding Privredna Banka Belgrade, and suggested they should be placed in custody.