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Montenegro: Budget thinner by another EUR 100m

27. November 2009. | 06:15

Source: limun.hr

In the session of the commission for economic politics on Tuesday, November 24, it was decided that the Government should be suggested to adopt the budget law for 2010 instead of the decision on temporary financing.

In the session of the commission for economic politics on Tuesday, November 24, it was decided that the Government should be suggested to adopt the budget law for 2010 instead of the decision on temporary financing.

The planned frame amount of budget funds is around EUR 1.4bn, which is around EUR 100m less than the amount from the draft law on the budget for 2010 adopted by the Ministry of Finance, while the budget deficit was projected at the level of 3 percent of GDP.

A source from the Government stated that the draft law created by the Ministry was corrected in smaller amounts and additional corrections are possible in the Government’s session on Thursday, November 26.

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15. March - 21. March 2010.