Next year's budget "development-oriented"
Serbian Minister of Finance Diana Dragutinović on Wednesday in Belgrade presented the 2010 budget.
Wednesday, 02.12.2009.
15:11
Serbian Minister of Finance Diana Dragutinovic on Wednesday in Belgrade presented the 2010 budget. The document was adopted by the government yesterday and will now be sent to parliament for approval. Next year's budget "development-oriented" Dragutinovic told reporters that the budget would be oriented towards development and that the state would continue to encourage the economy and the construction of large infrastructural projects. The budget revenues would amount to RSD 656bn, expenditures RSD 763bn, with a planned deficit of RSD 107bn, Dragutinovic reminded. She announced that pensions and salaries would be frozen in 2010, while subsidized loans would continue to be granted. The construction of Corridor 10 highway through Serbia would be a priority, the minister added. "There will be no increase of tax rates, while some of the new taxes which were introduced in 2009, such as the tax on cell phones, will continue to be valid in 2010," she said. Dragutinovic concluded that the 2010 budget is "far more comprehensive and transparent than the budgets from the past", and that the government had approved it unanimously. The new budget also envisages that the economy will grow 1.5 percent in 2010. Dragutinovic holds up a copy of Serbia's 1902 budget at the news conference today (Tanjug)
Next year's budget "development-oriented"
Dragutinović told reporters that the budget would be oriented towards development and that the state would continue to encourage the economy and the construction of large infrastructural projects.The budget revenues would amount to RSD 656bn, expenditures RSD 763bn, with a planned deficit of RSD 107bn, Dragutinović reminded.
She announced that pensions and salaries would be frozen in 2010, while subsidized loans would continue to be granted.
The construction of Corridor 10 highway through Serbia would be a priority, the minister added.
"There will be no increase of tax rates, while some of the new taxes which were introduced in 2009, such as the tax on cell phones, will continue to be valid in 2010," she said.
Dragutinović concluded that the 2010 budget is "far more comprehensive and transparent than the budgets from the past", and that the government had approved it unanimously.
The new budget also envisages that the economy will grow 1.5 percent in 2010.
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