Key facts
- Serbia's central government budget posted a deficit of RSD 1.7 billion in April.
- The overall budget gap widened by 27.8% year-on-year to RSD 99.6 billion.
- The January-April deficit reached RSD 106.2 billion, missing the plan by RSD 86.5 billion.
- Budget revenues increased by 10.3% year-on-year in the first four months.
- Expenditures rose by 12.1% year-on-year during the same period.
Serbia's central government budget reported a deficit of RSD 1.7 billion in April. The overall budget gap for the January-April period reached RSD 106.2 billion, marking a 27.8% year-on-year increase to RSD 99.6 billion and falling short of the planned budget by RSD 86.5 billion. Over the first four months of the year, budget revenues saw a 10.3% year-on-year rise, while expenditures increased by 12.1% year-on-year. Risks of fiscal slippage are present, particularly due to the energy shock exacerbated by the conflict in Iran.