Monday, 25 October 2021

46th Sitting of the Committee on Finance, State Budget and Control of Public Spending

At the sitting held on 25 October 2021, the Committee on Finance, State Budget and Control of Public Spending considered, in principle, the Bill amending the Republic of Serbia 2021 Budget Law, with its accompanying Proposal of the Decision to grant consent to the Decision amending and modifying the Republic Pension and Disability Insurance Fund 2021 Financial Plan, Proposal of the Decision to grant consent to the Decision amending the Republic Health Insurance Fund 2021 Financial Plan, and the Proposal of the Decision to grant consent to the Decision amending the National Employment Service 2021 Financial Plan, all submitted by the Government.


Ministar finansija Siniša Mali naveo je da se srpska ekonomija oporavlja od globalne krize izazvane pandemijom korona virusa brže od očekivanog, da se pokazalo da je naša privreda otporna na krize i da se ove godine ostvaruje rezultat za 183 milijardi dinara bolji od očekivanog, koji je predviđen prethodnim rebalansom u aprilu.

Mali je istakao i da je ušteđen novac usmeravan na kapitalne investicije, razvoj ekonomije i poboljšanje životnog standarda građana. Naveo je da svi poreski oblici pokazuju napredak u odnosu na planirano.

Ministar finansija je u obrazloženju istakao da je u rebalansu budžeta smanjena projekcija deficita u odnosu na onaj koji je projektovan u aprilu, i da će biti 4,9 odsto, a udeo javnog duga u BDP biće 58,2 odsto. On je dodao da je nivo javnog duga pod kontrolom i da će se nastaviti sa kapitalnim investicijama i podizanjem plata i penzija.
Minister of Finance Sinisa Mali, said that the Serbian economy is recovering from the global crisis caused by the corona virus pandemic more quickly than expected, our economy appears to be resistant to crises and the year’s result is 183 billion RSD better than the one predicted by the previous April rebalance.

Mali added that the money saved was channelled into capital investments, economic development and improvement of the citizens’ living standards. He said that all tax types show progress compared to to what was planned.

The Minister of Finance went on to say that the projected deficit in the budget rebalance has been reduced compared to the one projected in April, to 4.9%, and government-debt-to-GDP ratio would be 58.2%. He added that the level of government debt is under control and that capital investments and increase in salaries and pensions would continue.

The Governor of the National Bank of Serbia, Dr Jorgovanka Tabakovic also addressed the members of the Committee, stressing that the budget rebalance is justified and that the NBS has no suggestions or objections to this Bill. The economy and jobs have been preserved during the pandemic and further growth continues, Tabakovic said.

The President of the Fiscal Council Prof. Dr Pavle Petrovic and President of the Council for Coordination of Activities and Measures for Gross Domestic Product Growth Dr Miladin Kovacevic also gave their opinions on the proposed 2021 budget rebalance.

Following a discussion, the Committee accepted the Bill amending the Republic of Serbia 2021 Budget Law, with its accompanying Proposal of the Decision to grant consent to the Decision amending and modifying the Republic Pension and Disability Insurance Fund 2021 Financial Plan, Proposal of the Decision to grant consent to the Decision amending the Republic Health Insurance Fund 2021 Financial Plan, and the Proposal of the Decision to grant consent to the Decision amending the National Employment Service 2021 Financial Plan, in principle.

The Committee went on to consider the Bill on the Confirmation of the Guarantee Agreement (Smart Metering) between the Republic of Serbia and the European Bank for Reconstruction and Development, presented by a representative of the Ministry of Finance, after which the Committee members accepted it.

The sitting was chaired by the Committee Chairperson Dr Aleksandra Tomic, and attended by the following Committee members and deputy members: Veroljub Arsic, Vojislav Vujic, Dr Milorad Mijatovic, Prof. Dr Vladimir Marinkovic, Goran Kovacevic, Olivera Pesic, Dr Boban Birmancevic, Zoran Bojanic, Bratimir Vasiljevic, Zoltan Pek, Ana Carapic and Dusko Tarbuk.



Članovima Odbora se obratila i guvernerka Narodne banke Srbije dr Jorgovanka Tabaković, koja je istakla da je rebalans budžeta opravdan i da NBS nema sugestija i primedaba na ovaj Predlog zakona. Ekonomija i radna mesta su očuvana tokom pandemije, i nastavlja se dalji rast, poručila je Tabaković.

Mišljenja na predloženi rebalans budžeta za 2021. godinu dali su i predsednik Fiskalnog saveta prof. dr Pavle Petrović i predsednik Saveta za koordinaciju aktivnosti i mera za rast bruto domaćeg proizvoda dr Miladin Kovačević.

Nakon rasprave, Odbor je prihvatio u načelu Predlog zakona o izmenama Zakona o budžetu Republike Srbije za 2021. godinu, sa Predlogom odluke o davanju saglasnosti na Odluku o izmenama i dopunama Finansijskog plana Republičkog fonda za penzijsko i invalidsko osiguranje za 2021. godinu, Predlogom odluke o davanju saglasnosti na Odluku o izmenama Finansijskog plana Republičkog fonda za zdravstveno osiguranje za 2021. godinu i Predlogom odluke o davanju saglasnosti na Odluku o izmenama Finansijskog plana Nacionalne službe za zapošljavanje za 2021. godinu.

U nastavku sednice, razmotren je Predlog zakona o potvrđivanju Ugovora o garanciji (Pametna brojila) između Republike Srbije i Evropske banke za obnovu i razvoj, koji je obrazložila predstavnica Ministarstva finansija, nakon čega su članovi Odbora prihvatili Predlog zakona.

Sednici je predsedavala predsednica Odbora dr Aleksandra Tomić, a prisustvovali su seldeći članovi i zamenici članova Odbora: Veroljub Arsić, Vojislav Vujić, dr Milorad Mijatović, prof. dr Vladimir Marinković, Goran Kovačević, Olivera Pešić, dr Boban Birmančević, Zoran Bojanić, Bratimir Vasiljević, Zoltan Pek, Ana Čarapić i Duško Tarbuk.


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wednesday, 1 december
  • 12.00 - National Assembly Speaker Ivica Dacic meets with the newly-appointed French Ambassador to Serbia Pierre Cochard (National Assembly House, 13 Nikola Pasic Square, diplomatic salon of Prince Pavle Karadjordjevic)

  • 12.30 - sitting of the Committee on Finance, State Budget and Control of Public Spending (National Assembly House, 13 Nikola Pasic Square, hall 2)

  • 15.30 - ceremonial welcome of the President of the Inter-Parliamentary Union Duarte Pacheco (National Assembly House, 13 Nikola Pasic Square, vestibule)

  • 15.35 - National Assembly Speaker Ivica Dacic meets with the President of the Inter-Parliamentary Union Duarte Pacheco (National Assembly House, 13 Nikola Pasic Square, hall 1)

  • 16.25 - press conference of National Assembly Speaker Ivica Dacic and the President of the Inter-Parliamentary Union Duarte Pacheco and signing of the visitors’ book (National Assembly House, 13 Nikola Pasic Square, Central Hall)

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