Wednesday, 24 December 2014

33rd Sitting of the Committee on Finance, State Budget and Control of Public Spending

At the sitting held on 24 December, the members of the Committee on Finance, State Budget and Control of Public Spending discussed, in detail, the Bill amending and modifying the Republic of Serbia 2014 Budget Law, Republic of Serbia 2015 Budget Bill, and the accompanying financial bills, submitted by the Government.


The Government and the Committee accepted none of the 13 amendments submitted to the Bill amending and modifying the Republic of Serbia 2014 Budget Law.
The Government and the Committee accepted one of the 150 amendments submitted to the Republic of Serbia 2015 Budget Bill. The Committee also submitted an amendment of its own to article 7 of the Bill, which the representative of the submitter, Minister of Finance Dr Dusan Vujovic, accepted at the Committee sitting.
To the Bill amending and modifying the Budget System Law, the MPs had submitted 24 amendments which neither the Committee nor the Government accepted.
The Government and the Committee did not accept the amendment the MPs had submitted to the Bill amending and modifying the Excise Tax Law. The Committee submitted three amendments of its own to articles 3, 8 and 9 of the Bill, which the representative of the submitter, Minister of Finance Dr Dusan Vujovic, accepted at the Committee sitting.
The MPs also submitted an amendment to the Bill amending the Value Added Tax Law, which neither the Committee nor the Government accepted.
The Government and the Committee also did not accept the amendment submitted to the Bill amending and modifying the Corporate Income Tax Law.
The MPs had submitted 13 amendments to the Bill amending the Law on Property Restitution and Compensation, which the Committee and the Government did not accept.
The Committee and the Government accepted none of the 28 amendments the MPs had submitted to the Bill Granting Guarantee by the Republic of Serbia in favour of OTP Bank Serbia Ltd. Novi Sad, Banca Intesa Ltd. Belgrade, NBG Bank Malta LTD, ''AIK Banka'' Ltd. Nis and UniCredit Bank Serbia Ltd. Belgrade under the debt of public enterprise “Srbijagas” Novi Sad.
The Committee and the Government also did not accept any of the 13 amendments submitted to the Bill on assumption of obligations of company Air Serbia Ltd. Belgrade toward legal and physical entities for services rendered and goods delivered and the transformation of said obligations into the public debt of the Republic of Serbia.

The sitting was chaired by Committee Chairman Veroljub Arsic.


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