Serbian parliament speaker proposes to rebalance budget rebalance

Serbian MPs will debate one agenda item – a ‘budget rebalance’ proposal – for 10 rather than the usual five hours during the parliament session starting on Tuesday. [Shutterstock/Baciu]

Serbian MPs will debate one agenda item – a ‘budget rebalance’ proposal – for 10 rather than the usual five hours during the parliament session starting on Tuesday, Serbian parliament speaker Ivica Dačić has announced.

“This is the second budget rebalance this year, primarily because of the pandemic, because of all the consequences the pandemic has left on our society and thereby on our financial system, i.e. to enable the government to react and help both citizens and businesses,” Dačić told Prva TV.

A ‘budget rebalance’, as he put it, gives Serbia a chance this year to continue maintaining its excellent economic results despite the pandemic.

“Serbia will most likely pass, according to all indicators and forecasts, with the smallest decrease in production, i.e. gross domestic product, and with good foundations for achieving high growth rates in the coming years, which could over the next two years cumulatively to have growth as high as 10%,” he added.

This is preparation for the 2021 budget, which will be on the agenda next month, Dačić added.

(EURACTIV.rs | betabriefing.com)

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