Serbia's budget deficit below IMF arrangement threshold
Serbia's general government deficit totaled RSD 148.6 billion in 2015, or 3.7 percent of gross domestic product (GDP).
Monday, 01.02.2016.
14:03
Serbia's budget deficit below IMF arrangement threshold
Under the IMF arrangement, the deficit was initially set at RSD 232.1 billion or 5.8 percent of GDP, but after the third review of the arrangement it was projected at RSD 162.1 billion or 4.1 percent of GDP, reads the report that the finance ministry published on Monday.At the level of the Republic, Serbia's budget deficit stood at RSD 114.4 billion in 2015. However, with the expenditures from the projected loans (not part of the budget, but belong to the level of the Republic) it reached RSD 129.8 billion.
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