VUJOVIC: Fiscal results better than planned, deficit four times lower

(Dusan Vujovic) Fiscal performance in the first three months have already been better than planned, Minister of Finance Dusan Vujovic a has said today and added that the central government deficit, despite unplanned costs , including costs for early elections , instead of the planned RSD 62 billion was RSD 8.9 billion for the first quarter.

At the same time, he outlined that dynamics of implementation is at the level of 1.9 % instead of 1.8 % in the first quarter.

- This is above the annual average which means that we have additional signs of economic revival - Vujovic said.

Speaking about deficit, he said that RSD 8.9 billion is less than a quarter of planned deficit of the central government of 62 billion.

At a press conference Incentives for best CFOs “Planning for Growth” he said that, in terms of general government deficit, he expects that in the first three months it will total app. RSD 15 billion.