PM: Deficit four times lower than agreed with IMF

The budget deficit that the International Monetary Fund (IMF) and the World Bank (WB) would consider acceptable at the end of the first quarter is RSD 62 billion, but I expect it to be far lower- around RSD 15 billion, Serbian Prime Minister Aleksandar Vucic said on Monday.

“Even RSD 62 billion would be a good result after three months, approved by the IMF and WB, but I do not think it would exceed RSD 15 billion for this period. This is 47 billion less than planned, and it is possible to be even 48-49 billion better than planned,” Vucic said in the town of Koceljeva, where he toured a school.

If results stay this good in the next quarter, teachers and health care workers could get another rise in salaries, the prime minister signalled.

Source: Tanjug