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Serbia's Minister of Finance and Economy Mladjan Dinkic said that the achievable projected budget deficit for 2013 is 3.6% of the gross domestic product (GDP).
Speaking at a session of the Committee on Finances of the Serbian parliament, he reiterated that it is necessary to cut by half the budget deficit next year and stop the growth of public debt, and explained that budget expenditures grow because of interests on loans.
Source: Serbian Government
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