2010 budget draft on cabinet agenda
The Serbian government will hold a meeting on Tuesday afternoon to discuss the 2010 budget, government officials confirmed for B92.
Tuesday, 01.12.2009.
10:24
The Serbian government will hold a meeting on Tuesday afternoon to discuss the 2010 budget, government officials confirmed for B92. The remaining committees are expected to meet in the morning to give their opinions on the planned spending and income which was presented to them by the Finance Ministry. 2010 budget draft on cabinet agenda The draft budget has been adopted late for several years running. According to law, it was to be adopted by the parliament on November 1. However, the parliament has room until the legal deadline of December 15 to adopt the document. If the budget is not adopted by December 21, the International Monetary Fund board of directors will postpone the approval of the institution’s financial arrangement with Serbia until it January meeting, National Bank of Serbian Governor Radovan Jelasic said. “The government must adopted the budget this week and submit it to the parliament, because if it does not, it will be a question of whether the IMF board will even look at its program with Serbia on December 21, as it was planned. If this date passes, the next one is not until mid-January,” Jelasic said. Finance Minister Diana Dragutinovic said that for the first time, the budget will show the donated kelp budget users receive, as well as all the donations coming from European Union funds. A part of the budget will be own income of its users and the losses of the state because of the implementation of various tax relaxations.
2010 budget draft on cabinet agenda
The draft budget has been adopted late for several years running. According to law, it was to be adopted by the parliament on November 1.However, the parliament has room until the legal deadline of December 15 to adopt the document.
If the budget is not adopted by December 21, the International Monetary Fund board of directors will postpone the approval of the institution’s financial arrangement with Serbia until it January meeting, National Bank of Serbian Governor Radovan Jelašić said.
“The government must adopted the budget this week and submit it to the parliament, because if it does not, it will be a question of whether the IMF board will even look at its program with Serbia on December 21, as it was planned. If this date passes, the next one is not until mid-January,” Jelašić said.
Finance Minister Diana Dragutinović said that for the first time, the budget will show the donated kelp budget users receive, as well as all the donations coming from European Union funds.
A part of the budget will be own income of its users and the losses of the state because of the implementation of various tax relaxations.
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