Committee on Finance

BELGRADE - The parliamentary Committee on Finance on Monday unanimously adopted in principle the 2018 budget bill, which envisions revenues of 1,178 bln dinars and expenditures of 1,207 bln dinars.

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

Tanjug file photo

The untaxed "grey" economy in Serbia is still cost the country about 30 per cent of its GDP, Nikola Altiparmakov, a member of the independent Fiscal Council, told parliament's Committee on Finance, State Budget and Control of Public Spending on Monday.

BELGRADE - The Serbian parliament's Committee on Finance, State Budget and Control of Public Spending adopted a set of seven new bills aimed at improving the situation in the financial sector on Thursday.

BELGRADE - President of the Fiscal Council Pavle Petrovic said Monday that the Serbian government's proposal for the 2015 budget envisaged reducing the number of employees in the public sector by about five percent or about 27,000 employees.

BELGRADE - Serbia's State Audit Institution (DRI) will have drawn up a program for audit of financial reports of political parties in Serbia at the beginning of December, and first such audits will be performed next year, DRI Auditor-General Radoslav Sretenovic said Thursday.

BELGRADE - The Serbian parliament's Committee on Finance, State Budget and Control of Public Spending adopted in principle on Wednesday the Bill amending and modifying the Law on Financing Political Activities, submitted by the parliamentary group of the Serbian Progressive Party (SNS), the leading party in the ruling coalition.

BELGRADE - The Serbian government will discuss the draft law on budget review and decisions that envisage cuts in salaries and pensions in the public sector at Wednesday's session, Tanjug was told in the Serbian government.

The government's Committee on Finance will declare its stance on these decisions on Tuesday.

BELGRADE - The Serbian parliament Committee on Finance unilaterally adopted on Monday the government report on the major floods in May and suggested that the parliament should adopt it as well.

BELGRADE - MP of the Serbian Progressive Party Veroljub Arsic was appointed chair of the Serbian Parliament Committee on Finance, State Budget and Control of Public Spending on Friday, while caucus whip of the Democratic Party (DS) Dragan Djilas assumed office as the committee's deputy chair.