November 24 (SeeNews) - Serbia's parliament approved the 2022 state budget envisaging a deficit of 200.2 billion dinars ($1.9 billion/1.7 billion euro), equivalent to 3% of the projected gross domestic product (GDP), the government said.
Budget revenues are planned at 1.517 trillion dinars and expenditures are envisaged at 1.717 trillion dinars, the government said in a statement on Tuesday.
The 2022 budget projects economic growth of 4.5%. Public debt is seen reaching 56.5% of GDP, the government said.
Capital investments will amount to 486 billion dinars in 2022, the government added. Pensions will increase by 5.5% as of January 1.
In 2020, Serbia's budget showed a deficit of 459.1 billion dinars, compared to a surplus of 12.8 billion dinars in the previous year.
(1 euro = 117.590 dinars)