Serbia Lifts VAT Rate

Politics ♦ Published: September 11, 2012; 21:08 ♦ (Vindobona)

In order to prevent the national bankruptcy, the Serbian government raises the VAT by two percentage points.

Serbia Lifts VAT Rate / Picture: © Vindobona.org

Serbia´s Minister of Economics Mladjan Dinkic announced that the VAT rate was increased from 18% to 20%. Before, Dinkic met a delegation of IMF. The government explained that IMF´s claim to freeze salaries in the public sector and pensions will not be implemented.

In February, IMF suspended the talks with the Serbian government. Now, the new government aims to achieve a new…

or Log In

Fast News Search
Related News
RWE Agrees to Strategic Collaboration with Serbian Energy Utility EPS (September 11, 2012)
„I´m Concerned About the Atmosphere in Southeastern Europe“ (September 11, 2012)
Serbia: Exports Decline, Foreign Deficit Goes Up (September 8, 2012)
Serbian Industrial Production Declines (September 7, 2012)
Serbian Government Tries Act of Liberation (August 29, 2012)
Read More
Serbia, Taxation, VAT, Fiscal Policy, National Bankruptcy, IMF International Monetary Fund, Budget Deficit, Austerity, Lending, Public Debt
Featured
U.S. Embassy Vienna: Biden Nominates Victoria Kennedy for Austria Ambassadorship
Many US Diplomats in Vienna Affected by Havana Syndrome
See latest Vindobona Newsletter