VAT payments

Serbia’s January budget surplus: Exceeding expectations and fiscal strength

In January, Serbia reported a surplus in the national budget, amounting to 30.2 billion dinars, surpassing the budgetary projections by 40.6 billion dinars. The initially anticipated deficit of 10.4 billion dinars was exceeded, as announced by the Ministry of Finance today. Total revenues reached 173 billion dinars, with tax revenues contributing significantly at 150.8 billion dinars. Notably, the largest portion of tax revenues came from VAT payments totaling 80.7 billion dinars and excise taxes amounting to 42.1 billion dinars, as…