Serbia’s public debt at the end of July this year amounted to 28.36 billion euros, which was 55.2 percent of the gross domestic product (GDP), the Ministry of Finance announced today.
At the end of June, the public debt was 28.26 billion euros, or 55 percent of GDP.
At the end of last year, Serbia’s public debt amounted to 26.66 billion euros, or 57.4 percent of GDP.
Serbia’s budget deficit for the first seven months of this year is 39.6 billion dinars
The budget deficit of Serbia for the seven months of this year amounted to 39.6 billion dinars because the revenues were 844.8 billion, and the expenditures 884.4 billion dinars, the Ministry of Finance announced today.
In July alone, a surplus of 35.9 billion dinars was realized.
In July, revenues in the amount of 148.7 billion dinars were collected, of which tax revenues amounted to 133.3 billion dinars.
The largest part of tax revenues refers to the payment of VAT in the amount of 61.5 billion dinars, excise in the amount of 43.7 billion dinars and profit tax in the amount of 14.4 billion dinars (part of the liabilities based on the final calculation was transferred from June).
Non-tax revenues amounted to 14.8 billion dinars, and the inflow of donations in July amounted to 0.6 billion dinars.
Expenditures were made in the amount of 112.8 billion dinars.
As specified, expenditures for employees in July amounted to 27.3 billion dinars, subsidies were paid in the amount of 12.1 billion dinars, capital expenditures 20.1 billion dinars, and transfers OOSO (fund PIO, RFZO, NES, SOVO fund) 10.9 billion dinars.
At the level of the general government, in the period January-July, the fiscal deficit in the amount of six billion dinars and the primary fiscal surplus in the amount of 73.1 billion dinars were realized.
According to the revised plan for the execution of the general government budget, a fiscal deficit in the amount of 186 billion dinars is planned for this period, the Ministry of Finance announced.