“Govt. to propose EUR 1.1bn deficit in 2010”

Daily Politika writes that the government will propose a budget deficit of EUR 1.1bn for 2010 to the IMF.

Izvor: Politika

Wednesday, 21.10.2009.

13:01

Default images

Daily Politika writes that the government will propose a budget deficit of EUR 1.1bn for 2010 to the IMF. The state has calculated that it will be able to raise some EUR 6.8bn in income next year, with spending at EUR 7.9bn, the daily has learned from sources within the Finance Ministry. “Govt. to propose EUR 1.1bn deficit in 2010” These figures are not certain, but are part of the platform for the talks with the IMF, the daily states. Rough estimates of income and spending in 2010 have so far been calculated by the government, which it will give as its proposal in the talks and draw up subsequently through a draft law for next year’s budget, according to the Finance Ministry. The ministry adds that the draft revised memorandum on the budget and economic and fiscal policy for 2010, along with projections for 2011 and 2012, have been submitted to the government for consideration. The government is expected to adopt the draft as soon as it is fine-tuned with the IMF, since the document is key to the impending talks. The projected deficit would be 3.2 percent GDP, while the earlier touted figure of four percent is based on total public spending, which in addition to the state budget, factors in all other levels of government, the ministry explained.

“Govt. to propose EUR 1.1bn deficit in 2010”

These figures are not certain, but are part of the platform for the talks with the IMF, the daily states.

Rough estimates of income and spending in 2010 have so far been calculated by the government, which it will give as its proposal in the talks and draw up subsequently through a draft law for next year’s budget, according to the Finance Ministry.

The ministry adds that the draft revised memorandum on the budget and economic and fiscal policy for 2010, along with projections for 2011 and 2012, have been submitted to the government for consideration.

The government is expected to adopt the draft as soon as it is fine-tuned with the IMF, since the document is key to the impending talks.

The projected deficit would be 3.2 percent GDP, while the earlier touted figure of four percent is based on total public spending, which in addition to the state budget, factors in all other levels of government, the ministry explained.

Komentari 0

0 Komentari

Možda vas zanima

Snažno nevreme stiže u Srbiju 5
Društvo

Snažno nevreme stiže u Srbiju

U većem delu Srbije će danas pre podne biti pretežno sunčano, toplo, suvo i vetrovito, uz olujnu košavu u Beogradu, na jugu Banata, u Pomoravlju i donjem Podunavlju, a već u poslepodnevnim satima biće kratkotrajne kiše ili pljuskova.

7:13

1.5.2024.

1 d

Podeli: