Report on Budget Execution Presented, 12 June 2008

At today's meeting of the Government, the Minister of Finance Mirko Cvetkovic presented the Brief on Budget Execution in January-May 2008, with forecast until the end of the year. The complete Brief download here.

Cvetkovic: Decreased International Assistance Means Reforms in Serbia Have Progressed

Serbian Minister of Finance Mirko Cvetkovic said today that international assistance to Serbia was around EUR370mn last year, which was EUR130mn less than the year before.

"Decreased international assistance means that reforms are progressing and that Serbia is increasingly relying on its own forces in economic development and institutional reform”, he told a donor meeting at which Annual Plan on International Assistance to Serbia was presented.

Ministry of Finance Prepared a Report on Budget Execution in the Past Five Months

Serbian Minister of Finance Mirko Cvetkovic said today that the Government has managed the budget rationally this year, because the deficit in the first five months reached only one billion dinars, as opposed to planned RSD14.8 billion.

Cvetkovic told Tanjug news agency that the Ministry of Finance prepared for the next meeting of the government a report on budget execution in the first five months of the year, which will absolutely prove that the budget was managed rationally.