At its Meeting held today, the Committee on Economy, Finance and Budget considered and decided to propose to the Parliament to adopt the Proposal for the 2020 Budget Law of Montenegro. The Committee noted, inter alia, that the receipts of the state budget for the next year were EUR 2,578,920,533.32,  allocated in the following manner: Current budget in the amount of EUR 1,000,325,197.06; Reserves in the amount of EUR 22,500,000.00; Budget of state funds in the amount of 769,192,136.032 €; Capital budget in the amount of EUR  229,957,748.00  and Transaction of financing of expenditures in the amount of 556,945,452.23 €, while the budget deficit is planned at the level of EUR 49,960,249.17 i.e.0.99% of GDP.

The Committee also considered and decided to propose to the Parliament to adopt the Proposal for the Decision on Borrowing of Montenegro for 2020.