Serbian parliament passes 2025 budget bill

BELGRADE - The Serbian parliament passed the 2025 budget bill on Wednesday.

Budget revenues in 2025 will amount to 2,346.2 bln dinars, with costs and expenditures to total 2,660.2 bln dinars.

Finance Minister Sinisa Mali said earlier the new budget was both socially responsible and development-minded as it ensured continued economic growth through large-scale investments.

The projected 2025 GDP growth rate is 4.2 pct, with the budget deficit to amount to 3 pct of GDP.

The general government debt is projected at 47.5 pct of GDP.

A total 7.4 pct of GDP - or 762.9 bln dinars - will go to capital investments, including expressways, high-speed rail lines, motorways, health centres, schools and hospitals.

Also, 2.5 pct of the national GDP will go to the Serbian Armed Forces and the Office for Kosovo-Metohija will receive 17.2 bln dinars, with an additional 2 bln dinars set aside for the unemployed in the territory of the Autonomous Province of Kosovo-Metohija.