October 17 (SeeNews) - Macedonia's parliament on Monday adopted the 2017 government budget which envisages deficit of 18.6 billion denars ($332.9 million/302.2 million euro) equivalent to 3% of the country's gross domestic product (GDP), the finance ministry said.
Budget revenues are projected at 187.6 billion denars, whereas budget expenditures are planned to increase by 4.5% year-on-year to 206.2 billion denars, the finance ministry announced on its website.
GDP growth of 3% and annual inflation of 1% were projected in the 2017 budget bill, which was adopted in a 72-37 vote in the 123-seat parliament, the ministry said.
($=61.5462 denars)