Dacic: Budget to Be Rebalanced Because Gov't Wants to Help Citizens and Businesses | Beta Briefing

Dacic: Budget to Be Rebalanced Because Gov't Wants to Help Citizens and Businesses

Source: Beta
Archive / News | 10.11.20 | access_time 11:38

Ivica Dacic(BETAPHOTO/MILOS MISKOV/MO)

Serbian Parliament Speaker Ivica Dacic has said that the parliament session beginning on Nov. 10, which will have just one item on the agenda - a budget rebalance proposal, would last double the usual time, i.e. the MPs would debate it for 10 rather than the usual five hours.

"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," Dacic told Prva TV.

A budget rebalance, as he put it, gives Serbia a chance to this year continue to maintain 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 bring growth of as much as 10 percent," he said.

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

info
To get full access to all content of interest see our
Subscription offer
Or
Register for free
And read up to 5 articles each month.

Already have an account? Please Log in.

Related Articles

Latest News