Proposal of Republic of Serbia Budget Law adopted

The proposal of Republic of Serbia Budget Law for 2004 was adopted at Serbian government session yesterday. This Proposal also includes financial plans of the republic funds for pension and disability insurance of the employed, farmers and private sector, Republic Fund for Health Insurance, and National Employment Service for the current year. The bill on the cessation of validity of the Law on Salary Fund Tax, the bill on amendments to the Law on Public Revenues and Public Expenditure, the bill on amendments to the Law on Local Self-Government, and the bill on volume of resources and share of municipalities, towns and City of Belgrade in the income tax and turnover tax for 2004.