Serbia's H1 Consolidated Budget Gap at 56.3 Bln Dinars (603 Mln Euro)

Budget revenue was 527 billion dinars through June, while spending totalled 583 billion dinars, the Finance Ministry said in a statement on its website. The ministry gave no comparative figures for the same period of 2008.

Last month the finance ministry said Serbia is likely to end 2009 with a fiscal deficit equivalent to 4.5% of the projected Gross Domestic Product (GDP), exceeding the limit agreed with the International Monetary Fund (IMF) earlier this year. The government in Belgrade signed a two-year 3.0 billion euro ($4.2 billion) loan deal with the IMF in March, agreeing to contain the budget gap at 3.0% of GDP.

Details from Serbia's consolidated budget follow as reported by the Finance Ministry (in billions of dinars):

(1 euro=93.3401 dinars)