Serbia registers 5.3 bln dinar budget surplus in January-February

BELGRADE - Between January and February this year, Serbia saw a 5.3 bln dinar budget surplus, which is 52 bln dinars better than a planned 46.7 bln deficit.

According to figures released by the Ministry of Finance, a 24.9 bln dinar deficit was registered in February alone.

In February 2024, revenues totalled 158.6 bln dinars, while expenditures amounted to 183.5 bln dinars.

Tax revenues amounted to140.6 bln dinars and were mostly comprised of VAT (69.1 bln) and excise duties (38 bln).

Non-tax revenues amounted to 17.5 bln dinars and donations stood at 0.4 bln dinars.

Expenditures for employees totalled 39.9 bln dinars, transfers to the pension and disability insurance fund, the national health insurance fund, the military social insurance fund and the national employment service totalled 30.4 bln dinars, with capital expenditures at 22.6 bln, interest payments at 24.8 bln dinars, social protection expenditures at 13.9 bln dinars and expeditures for goods and services at 13.3 bln dinars.

At general government level, a 10.5 bln dinar fiscal surplus and a 61.5 bln dinar primary fiscal surplus were registered in the first two months of 2024, the ministry said.

(1 euro = 117.1 dinars)