Minister: Budget revenue to exceed plans

Serbian Finance Minister Diana Dragutinović said Friday that she expected the total budget revenue in 2011 to exceed earlier forecasts by about RSD 10bn.

Izvor: Tanjug

Saturday, 29.01.2011.

10:04

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Serbian Finance Minister Diana Dragutinovic said Friday that she expected the total budget revenue in 2011 to exceed earlier forecasts by about RSD 10bn. "Based on these two months - December of last and January of this year - I can accurately predict the revenue in 2011," she said, adding that she was almost certain it would be "at least RSD 10bn higher than planned." Minister: Budget revenue to exceed plans Asked if income tax and contributions could be cut, the minister said that was not possible at the moment. “Reducing these fees would lessen the burden on employers and help curb the grey economy, but budget expenditures are fixed and do not change,” Dragutinovic said, citing public sector salaries, pensions, social security payments and transfers to municipalities. Diana Dragutinovic (Beta, file)

Minister: Budget revenue to exceed plans

Asked if income tax and contributions could be cut, the minister said that was not possible at the moment.

“Reducing these fees would lessen the burden on employers and help curb the grey economy, but budget expenditures are fixed and do not change,” Dragutinović said, citing public sector salaries, pensions, social security payments and transfers to municipalities.

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