Parliament adopts Serbia’s 2019 budget

The budget was drawn up under the assumption that the GDP would have a 3.5 percent growth and inflation would stand at 2.3 percent. The planned income stands at 1,246.2 billion Dinars (1 Euro – 118 Dinars) and expenses of 1,269.1 billion. The 22.9 billion Dinar deficit is 0.4 percent of the expected GDP.

The planned increase in public sector salaries stands at between seven and 12 percent or 33 billion Dinars while the state pension fund has been raised by 35 billion Dinars.

The authors of the budget have planned 165.5 billion Dinars for capital investments, or 30 percent more than in 2018.