State budget is stable and doesn’t need to be reviewed, says minister of Finance

State budget is stable and doesn’t need to be reviewed, says minister of Finance

Skopje, May 5, 2014/Independent Balkan News Agency

By Naser Pajaziti

Acting minister of Finance in the Macedonian government, Zoran Stavrevski says that there’s no need to review this year’s budget. Stavrevski says that the forecasts for the 2014 budget are sustainable.

“Everything is going according to plans made so far. The budget is sustainable during the first four months of this year and it doesn’t need to be reviewed”, declared minister of Stavrevski.

The reaction of the minister of Finance followed the opposition’s accusations according to which, the budget has been damaged during the elections and that there’s currently a budget deficit.

Mr. Stavrevski said that in the period to come, economic growth is expected to amount to 3,2% and inflation 3,3%. He assured that budget will remain according to plans.

Minister Stavrevski said that with the creation of the new government, “we will be the country with the lowest taxes in the region”. He also talked about a growth in investments, which according to him, will improve the state of the budget.

“The government has planned 2.8 billion Euros worth of expenses this year, while revenues will be 2,5 billion Euros. The financial situation is stable, but in the future, should there be a need, we will review the budget”, declared the minister. Even in the new government, Stavrevski will be the minister of Finances. He’s considered to be one of the closest collaborators of current prime minister, Nikola Gruevski. /ibna/