Government in FYROM approves the 2017 budget

Government in FYROM approves the 2017 budget

Skopje, 21 September 2016/Independent Balkan News Agency

By Naser Pajaziti

Government in FYROM has approved the 2017 budget which amounts to 3,3 billion euros. This is the highest budget that the country has ever had. But the opposition claims that this is an electoral budget and that most of the money will be spent for pensions, social aid and around 1 billion and 435 million euros for administration salaries.

Capital expenses are projected to be 438 million euros. Minister of Finance, Cyril Minovski said that according to projections, next year the economy is expected to grow by 3%.

Next year revenues are expected to be more than 3 billion euros. The budget bill has been sent to parliament, but majority and opposition have disagreements on it. /