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Dec 14, 2017 14:18 EEST
December 14 (SeeNews) - Serbia's government said on Thursday the country's parliament adopted the state budget for 2018, envisaging a deficit of 28.4 billion dinars ($281 million/238 million euro), or 0.6% of the estimated gross domestic product (GDP) for next year.
The budget envisages an increase in salaries in the public sector by 10% and of pensions by 5%, the government said in a statement.
Parliament adopted the budget with 147 votes in favour and 12 against, the government said.
The budget, built on projections for an economic growth of 3.5% in 2018, envisages revenues of 1.178 trillion dinars and expenses of 1.207 trillion dinars, the government said last week.
Serbia's budget balance showed a surplus of 79.8 billion dinars in the ten months through October, compared to a surplus of 34.3 billion dinars in the prior-year period, according to finance ministry data.
(1 euro = 119.270 dinars)
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