BELGRADE (Serbia), March 12 (SeeNews) - Serbia's budget balance showed a surplus of 22.1 billion dinars ($230.8 million/187.3 million euro) in January, compared to a surplus of 19 billion dinars in the prior-year period, according to finance ministry data.
Primary budget surplus increased to 25.8 billion dinars in January from 23.1 billion dinars in the respective period of last year, figures posted on the website of the finance ministry show.
Total budget revenues grew by a real 0.6% on the year, reaching 86.6 billion dinars in the period under review, while expenditure decreased 3.8% year-on-year to 64.5 billion dinars.
Tax revenues edged down by a real 0.1% to 77.7 billion dinars, non-tax revenues went up 6.25% to 8.5 billion dinars, and grants decreased 23.9% to 341.6 billion dinars in January.
On the expenditure side, current expenditure fell by a real 0.1% to 59.6 billion dinars, while capital expenditure soared to 3.6 billion dinars from 313.8 million dinars in January.
Serbia's budget swung to a surplus of 33.9 billion dinars in 2017 from a deficit of 7.9 billion dinars in the previous year.
(1 euro = 118.033 dinars)