Serbia's central government budget recorded a deficit of RSD 1.7 billion in April, contributing to a wider January-April deficit of RSD 106.2 billion. This figure undershot the planned budget by RSD 86.5 billion. Revenues increased by 10.3% year-on-year, while expenditures rose by 12.1%.
The widening budget deficit and potential fiscal slippage in Serbia could lead to increased government borrowing, potentially impacting sovereign debt sustainability and investor confidence in the region.
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.
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