Economy

Serbia’s budget deficit down 29%

Serbia’s budget was in deficit of 71 billion dinars ($613.38 million) in the first five months of 2022.

This was down 29% compared to the 99.8 billion dinars (850.11 million euro) gap recorded in the same period in 2021, official data show.Total budget revenues equalled 655 billion dinars, an annual increase of 22.7%, and expenditures amounted to 726 billion dinars, up 14.6% from the like period a year earlier, according to data from the finance ministry