RSD 1.9 billion surplus in state budget

In the first two months of this year, "thanks mostly to fiscal consolidation measures and higher non-tax revenues," Serbia had a budget surplus of RSD 1.9bn.

Izvor: Tanjug

Tuesday, 24.03.2015.

13:49

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RSD 1.9 billion surplus in state budget

In the month, non-tax revenues were RSD 11.5 billion, including RSD 1.8 billion in dividends from public enterprises and RSD 2.5 billion revenues from 4G mobile licenses.

Tax revenues amounted to RSD 57.2 billion and donations to RSD 0.3 billion in the month.

Cuts made in public sector salaries and pensions were the most significant fiscal consolidation measures.

The first two months of 2015 saw an RSD 4.6 billion budget surplus at the general government level.

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