Podgorica, (MINA-BUSINESS) – A parliamentary debate on the Budget Bill for 2019 will begin tomorrow.
The proposed piece of legislation envisages that the next year’s national budget will amount to a total of €2.38 billion.
Of that amount, 910.74 million is planned for the current spending, €700 million for the public funds, €320.93 million for the capital expenditure, €432.35 million for the financing transactions, and €20 million for reserves.
According to the Bill, the planned source revenues of the next year’s budget amount to €1.82 billion or 38.2 percent of the gross domestic product, and they are €71 million higher than the ones estimated for this year.
Minister of Finance Darko Radunovic said earlier that the main reason for this increase were additional investments in the infrastructure.
According to him, next year’s budget is characterized by a faster increase in revenues as compared with expenditures, which is expected to result in a budget deficit reduction to €142.3 million or 2.97 percent of GDP.
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