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Serbian Parliament Adopts 2021 Budget Law

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The Serbian parliament adopted late today the Budget Law for 2021 and a set of accompanying laws.

201 deputies voted for the adoption of the Budget Law for next year, while four deputies were against.

The budget for 2021 envisages total revenues of RSD 1,336 billion, which is an increase of 3.5 percent compared to the budget revision from 2020, as well as total expenditures and expenses of RSD 1,514 billion, which is a decrease of almost 15 percent in relation to the revision of this year’s budget.

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The projected deficit is RSD 178 billion, which is 3 percent of the GDP.

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