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2022 BUDGET PROPOSAL IN THE ASSEMBLY: Deputies will start the debate on Tuesday

Aroj by Aroj
November 22, 2021
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2022 BUDGET PROPOSAL IN THE ASSEMBLY: Deputies will start the debate on Tuesday
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MEMBERS of the Assembly of Serbia will tomorrow start the debate on the budget proposal for 2022, which envisages total budget revenues and receipts in the amount of 1,516.8 billion dinars.

2022 BUDGET PROPOSAL IN THE ASSEMBLY: Deputies will start the debate on Tuesday

Photo by Tanjug

The budget envisages 486 billion dinars for capital investments at the level of the general state, which is 7.3 percent of GDP.

In the structure of total revenues, tax revenues amount to 1,317.9 billion dinars or 86.9 percent, while non-tax revenues amount to 175.7 billion dinars or 11.6 percent of total budget revenues of the Republic of Serbia.

The rest consists of donations in the amount of 23.4 billion dinars, which makes 1.5 percent of the total income.

The budget proposal envisages total expenditures and expenses in the amount of 1.717 billion dinars.

The projected general government deficit in 2022 is three percent. The budget is projected at a projected GDP growth of 4.5 percent.

When it comes to public debt, at the central level of government, it will amount to 55.5 percent at the end of 2022.

The budget envisions an increase in pensions and salaries in the public sector.

According to the applied Swiss formula, pensions will be higher by 5.5 percent, and all pensioners will receive an additional 20,000 dinars at the beginning of next year.

When it comes to salary increases, salaries of public sector employees are expected to increase by seven percent, while salaries for employees in the army, health and social services will increase by 8%. On average, a 7.3 percent increase is projected.

Also, from January 1, the minimum wage is expected to increase by 9.4 percent, so the minimum wage will exceed 35,000 dinars (35,012 dinars) for the first time.

It is also planned to increase the non-taxable part of the gross salary from 18,300 dinars to 19,300, while at the same time reducing the rate of PIO contribution at the expense of the employer by 0.5 percent.

The Minister of Finance, Siniša Mali, stated at the Parliamentary Committee on Finance that the budget proposal for 2022 has two main goals, to raise the living standard of the citizens and to further strengthen the country’s economy.

Photo by Mr. Šljivić

He pointed out that next year it is planned to allocate 486 billion dinars from the budget for capital investments, adding that it is money for highways, highways, the National Stadium, a factory for the production of vaccines, the completion of the Clinical Center of Serbia, construction and reconstruction of many schools. kindergarten …

The budget proposal for 2022 will allocate 27.4 billion dinars for projects in the field of ecology, which is 3.3 times more than the initial budget for ecology in 2021.

62 billion dinars will be allocated for the Ministry of Agriculture, which is an increase of 17.5 percent compared to this year.

50.6 billion dinars are planned for subsidies, which is two billion more in relation to the rebalance, and 8.8 billion more in relation to the initial budget for 2021. Subsidies in the agricultural sector will make up 35.25 percent of the total state subsidies next year.

The most significant funds of 32.2 billion dinars are directed towards direct payments in agriculture, 6.4 billion are allocated for IPARD, and five billion through rural development measures.

Photo by N. Karlić

The share of the cultural sector in the budget is higher by 0.4 and amounts to 1.01 percent, and the growth for information is 0.012 percent, which is a total of 1,112 percent.

Budget allocations for the Sector for the Protection of Cultural Heritage are higher by 6.78 percent, the Sector for Contemporary Creativity and Creative Industries by 28.18 percent, then the Sector for International Cooperation and European Integration in the Field of Culture by 16.82 and the Sector for Information and media by 0.12 percent.

Also on the agenda of the session are the Draft Decision on approving the Financial Plan of the Pension and Disability Insurance Fund for 2022, the Draft Decision on approving the Financial Plan of the Republic Health Insurance Fund for 2022, the Draft Decision on approving the Financial Plan of the Social Insurance Fund. insurance of military insured for 2022.

Also on the agenda will be the Draft Decision on approving the Financial Plan of the National Employment Service for 2022, the Draft Amendments to the Law on Budget System, on Amendments to the Law on Corporate Income Tax, on Amendments to the Law on personal income tax.

The deputies will also discuss the draft laws on amendments to the Law on Taxes on the Use, Possession and Carrying of Goods, on amendments to the Law on Property Taxes, on amendments to the Law on Compulsory Social Insurance Contributions, on budget inspection, and amendments to the Law. on expropriation.

They will also discuss the amendments to the Customs Law, the final account of the budget of the Republic of Serbia for 2020 …

Also on the agenda is the draft law on regulating the obligations of the Republic of Serbia towards the IMF based on the use of funds for the general allocation of special drawing rights approved by the Decision of the IMF Board of Governors of August 2, 2021.

In addition to economic laws, the agenda also includes a proposal for a decision on dismissal of members of the National Council for Culture, submitted by the Committee for Culture and Information, as well as a proposal for members of the National Council for Culture.

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