The Government allocated millions from the reserves to Belgrade

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The Government of Serbia has allocated RSD 360 million from the budget reserves for the needs of the City of Belgrade, it was reported by the Official Gazette.

Funds from the current budget reserves will be allocated to the Ministry of Finance, for the purpose of transfer to the City of Belgrade for the payment of obligations, due to the reduced volume of the city budget revenues.

The Serbian Government approved financial assistance to the City of Belgrade in the amount of RSD 90 million in March this year, while several times last year, the city budget received funds from the budget reserves.

Source: Beta

Photo: Pixabay