Metodi Tzanov

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Serbia: Govt cuts 2021 budget deficit to 4.9% of GDP on revenue overperformance

General government budget gap is set at 4.9% of GDP

GDP growth forecast upped by 1pp to 7%

Faster economic recovery boost budget revenues

Budget expenditures foresee more funds for capital projects

Budget deficit target is feasible, uncertainties related to pandemic, rising energy prices

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Created: 25/10/2021
Date of publication: 25/10/2021