The Serbian government will provide RSD 15.1 billion as support for the economy in 2016, nearly three quarters of the budget of the Ministry of Economy.

The Ministry of Economy will have a total of about RSD 19.42 billion at its disposal, as much as it had in 2015 but the ministry’s expenses have been reduced 25.17 percent and salaries-related expenditures are down 5.6 percent, Tanjug learned at the Serbian government Monday.

Most of the money, a budget of RSD 12.3 billion, will be used to boost economic growth through attracting investment.

Source: Tanjug

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