Serbian Government Replenishes Budget Reserves with €50 Million
Significant reallocations from multiple sectors aim to secure funding for unplanned expenditures.
The Serbian government has restructured its budget, reallocating over six billion dinars (approximately €53 million) to current budget reserves from more than 60 budget sections.
This decision, published in the Official Gazette, is intended to secure necessary funds for unanticipated expenses not foreseen during the drafting of the 2025 budget law.
Significant reallocations include more than 1.68 billion dinars from the Ministry of Defense, impacting the modernization of the Serbian Armed Forces.
Furthermore, over one billion dinars have been transferred from the Ministry of Construction, Transport, and Infrastructure, affecting a project for a training center for ship crew members.
The Ministry of Internal Affairs has redirected 254 million dinars, primarily intended for enhancing road safety, into the reserves, while the Ministry of Economy has moved 100 million dinars, related to preparations for EXPO 2027. An additional 238 million dinars from economic development initiatives also contribute to the reserve fund.
Other notable transfers include 325 million dinars from the reconstruction of the Clinical Center of Serbia, 222 million dinars from the Ministry of Education allocated for the construction of educational centers, and several smaller amounts from various other departments and agencies, including 92 million dinars from the Ministry of Mining and Energy and 84 million from the Energy Reserves Administration.
The initiative to fill budget reserves comes amid ongoing protests by educators and students in Belgrade, which have raised concerns over communication from the Ministry of Education concerning the ongoing strike and the treatment of educational staff.
In related news, protest movements have escalated, culminating in multiple organized demonstrations aimed at addressing grievances within the education sector, with participation from both students and educators.
The protests have been marked by calls for transparency and accountability, particularly in the context of recent controversies surrounding alleged use of sonic weapons during demonstrations.
The government has announced intentions to solicit assistance from the FBI and other international bodies to investigate these claims.
This decision, published in the Official Gazette, is intended to secure necessary funds for unanticipated expenses not foreseen during the drafting of the 2025 budget law.
Significant reallocations include more than 1.68 billion dinars from the Ministry of Defense, impacting the modernization of the Serbian Armed Forces.
Furthermore, over one billion dinars have been transferred from the Ministry of Construction, Transport, and Infrastructure, affecting a project for a training center for ship crew members.
The Ministry of Internal Affairs has redirected 254 million dinars, primarily intended for enhancing road safety, into the reserves, while the Ministry of Economy has moved 100 million dinars, related to preparations for EXPO 2027. An additional 238 million dinars from economic development initiatives also contribute to the reserve fund.
Other notable transfers include 325 million dinars from the reconstruction of the Clinical Center of Serbia, 222 million dinars from the Ministry of Education allocated for the construction of educational centers, and several smaller amounts from various other departments and agencies, including 92 million dinars from the Ministry of Mining and Energy and 84 million from the Energy Reserves Administration.
The initiative to fill budget reserves comes amid ongoing protests by educators and students in Belgrade, which have raised concerns over communication from the Ministry of Education concerning the ongoing strike and the treatment of educational staff.
In related news, protest movements have escalated, culminating in multiple organized demonstrations aimed at addressing grievances within the education sector, with participation from both students and educators.
The protests have been marked by calls for transparency and accountability, particularly in the context of recent controversies surrounding alleged use of sonic weapons during demonstrations.
The government has announced intentions to solicit assistance from the FBI and other international bodies to investigate these claims.
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