Serbia’s debt spikes by almost EUR 3 billion in a year

Since the end of last year, the public debt has increased by almost five percent. At the end of September, the public debt was EUR 26.60 billion, i.e. 56.7 percent of GDP, while at the end of last year it amounted to 23.94 billion, which was 52 percent of GDP. At the end of October this year, the budget deficit of Serbia amounted to RSD 347.6 billion, because revenues were RSD 1,031.1 billion, and expenditures RSD 1,378.7 billion, the Ministry stated. In October