In addition to the achieved budget surplus of EUR 196 million in the first eight months, the state will need new debts this year and a budget rebalancing, which should be done by the new government, according to economic analyst Oleg Filipović.
“The positive results of the budget implementation in the first eight months should be viewed with moderate optimism, because the question is how much is needed for current consumption, and on the other hand, how much debt should be returned by the end of the year and see how the planned deficit will be covered by the end of the year,” he said.
He added that by the end of the year, the state should return a little more than EUR 100 million in debt.
According to the latest preliminary data from the Ministry of Finance, the surplus of the state budget in the first eight months was realized at the level of EUR 196 million or 3.2 percent of the gross domestic product (GDP).
The Ministry announced that over 190 million EUR, or over 260 million EUR, including gold reserves, were available on state deposits at the end of August, and that positive revenue collection trends were also evident during August.
According to the Ministry’s preliminary data on budget execution for August, it is stated that budget revenues in August amounted to EUR 242 million, which is EUR 49 million or 25 percent higher than in the same month of the previous year.
