The Assembly ended the debate: Serbia has the lowest budget deficit in modern history

The opposition criticized the budget saying that the deficit is reduced because the money was taken from citizens and economy

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Serbian Parliament ended the evening debate on amendments to the proposed of budget for 2017.

Vucic at the symposium "World Minds": Today Serbia has a good business environment for all foreign investors (PHOTO)

Serbian Prime Minister Aleksandar Vucic, who defended the budged for two days in front of the MPs, said that the smallest budged deficit in the modern history has been calculated in amount of 69.1 billion dinars, which is 1.7 per cent of gross of domestic products.

The opposition criticized the budget saying that the deficit is reduced because the money was taken from citizens and economy.

Budget revenues are projected in the amount of 1,092.9 billion dinars, expenditures of 1,162 billion dinars (in 2016 1.119 billion), so the deficit will amount to 69.1 billion dinars.

The budget deficit is on the level of the general state, when one takes into account all project loans amounting to 43.5 billion, 1.7 per cent of GDP, while the budget deficit of the Republic is 1.6 percent.

(Telegraf.co.uk / Tanjug / Beta)

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