Macro Analysis /

Serbia: 2021 budget deficit upped to 6.9% of GDP on new COVID-19 aid, capital projects

    19 April 2021
    • General government budget deficit planned at 6.9% of GDP, debt - at 60% of GDP
    • Budget revenues revised up by 1.5%, expenditures - by 16.7%
    • Third package of assistance to economy and citizens is worth RSD 257.1bn
    • COVID-19 assistance not well targeted, pandemic is still a big uncertainty