Budget review proposal "in week or two"

Serbia's Deputy Prime Minister Aleksandar Vučić has said that a budget review proposal could be expected in the parliament in a week or two.

Izvor: Tanjug

Monday, 17.06.2013.

12:34

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BOR Serbia's Deputy Prime Minister Aleksandar Vucic has said that a budget review proposal could be expected in the parliament in a week or two. Vucic spoke on Sunday, ahead of the a meeting of the ruling coalition, that ended in an agreement on which measures the country should adopt to counter the economic crisis. Budget review proposal "in week or two" The deputy PM was visited the mining and smelting complex in Bor, eastern Serbia, when he said that "a lot more needed to be agreed regarding the budget review," and that "expenditures would be cut by RSD 35-40 billion." "Serbia has no liquidity issues, export and industrial production are on the rise, but there is a problem with the economic growth and fiscal deficit," he emphasized. "The government has to cut the budget deficit to under five percent of GDP," Vucic noted. Vucic is seen in Bor on Sunday (Tanjug) Tanjug

Budget review proposal "in week or two"

The deputy PM was visited the mining and smelting complex in Bor, eastern Serbia, when he said that "a lot more needed to be agreed regarding the budget review," and that "expenditures would be cut by RSD 35-40 billion."

"Serbia has no liquidity issues, export and industrial production are on the rise, but there is a problem with the economic growth and fiscal deficit," he emphasized.

"The government has to cut the budget deficit to under five percent of GDP," Vučić noted.

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