Monday, 16 July 2018 16:03

Committee on Economy, Finance and Budget holds its 49th Meeting

Three proposals for laws supported

At its meeting held today, the Committee on Economy, Finance and Budget considered and decided to propose to the Parliament of Montenegro to adopt the Proposal for the Law on Amendments to the 2018 Budget Law of Montenegro, which, among other things, performs technical harmonisation with the Decree on Organisation and Manner of Work of State Administration, as well as amendments due to the increase of income and the reduction of expenditures.

Bearing in mind the above noted, by amending the 2018 Budget Law of Montenegro: the original revenues were determined in the amount of 1,757.03 million euros; budget expenditures in the amount of 1,899.83 million euros and budget deficit in the amount of 142.84 million euros.

The Committee also decided to propose to the Parliament to adopt the Proposal for the Law on Amendments to the Excise Law and the Proposal for the Law on Amendments to the Law on Budget and Fiscal Responsibility.