Ministry of Finance
Serbia Reports EUR 178M Public Debt Increase in February
Serbia's public debt went up by EUR 178M in February reaching EUR 20.4B or 62.9% of the country's GDP, according to data released by the Ministry of Finance.
At the end of 2013, the public debt totaled EUR 20.089B or 61.2% of the GDP, and according to the Budget System Law, Serbia's public debt is limited to 45% of the GDP, the BGNES reports.
Public debt at EUR 20.4 billion - 62.9 pct of GDP
Public debt at EUR 20.4 billion - 62.9 pct of GDP
BELGRADE -- Serbia's public debt went up by EUR 178 million in February reaching EUR 20.4 billion or 62.9 percent of the country's GDP.
This data was released by the Ministry of Finance its website.
At the end of 2013, the public debt totaled EUR 20.089 billion or 61.2 percent of the GDP.
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Public debt at EUR 20.4 billion
BELGRADE - Serbia's public debt went up by EUR 178 million in February reaching EUR 20.4 billion or 62.9 percent of the country's GDP, the Ministry of Finance has released on its website.
At the end of 2013, the public debt totaled EUR 20.089 billion or 61.2 percent of the GDP, and according to the Budget System Law, Serbia's public debt is limited to 45 percent of the GDP.
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Budget deficit at RSD 33.4 billion in first two months
BELGRADE - The budget deficit amounted to RSD 33.4 billion in the first two months of 2014, while only in February it stood at RSD 26.4 billion, the Ministry of Finance announced on Thursday.
In February, Serbia made revenues of RSD 58.8 billion, and expenditures of RSD 85.2 billion, not factoring in revenues and expenditures of indirect budget beneficiaries.
IMF expects further talks with new government
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Anti-Corruption Agency, Tax Administration ink agreement
BELGRADE - The Anti-Corruption Agency and the Tax Administration of the Serbian Ministry of Finance inked an agreement on Thursday on business-technical cooperation which will facilitate and accelerate the exchange of data and activities in the domain of prevention of corruption and money laundering.
Neither Krstic knows the number of people in public sector
It is possible that public sector has even one million employees? Neither Krstic knows the number of people in public sector
The Minister of Finance admits that for the time being there is no chance that we learn the exact number of people working in the state administration.
Serbia signs agreement on UAE loan
BELGRADE/ABU DHABI - Chairman of the Abu Dhabi Department of Finance Hamad Al Hurr Al Suwaidi and Serbian Finance Minister Lazar Krstic signed in Abu Dhabi on Thursday an agreement on the USD 1 billion loan from the United Arab Emirates to the Serbian budget.
Krstic said that the loan agreement reflects a considerable strengthening of the two countries' ties.
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Nobody wants to guarantee for credit for "Southern stream"
What stopped investment said to be the crucial one Nobody wants to guarantee for credit for "Southern stream"
The ‘Southern Stream’ project in Serbia is at standstill at the moment because of the problem of securing state guarantees for the loan necessary for a foundation investment for a joint venture.
Agreement on UAE loan to be signed on Thursday
KOPAONIK - Serbian Minister of Finance Lazar Krstic said on Wednesday that an agreement with the United Arab Emirates (UAE) on a USD 1 billion budgetary loan and a loan for irrigation, worth USD 100 million, will be signed on Thursday.
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