The Government of Serbia has decided to allocate an additional 896 million dinars from the budget reserve to support the realization of EXPO Belgrade 2027.
At its session on February 6, two resolutions on the use of budget funds were adopted, with both allocating funds for the project in Surčin.
The funds will be distributed through two ministries. The Ministry of Mining and Energy will allocate 558,482,000 dinars (approximately 4.7 million EUR) through the “Planning and Implementation of Energy Policy” program.
The second portion, amounting to 338,000,000 dinars (around 2.8 million EUR), will be provided through the Ministry of Economy under the program “Incentives for Enhancing the Competitiveness of the Economy.”
The current budget reserve was established for purposes not planned in the budget, according to the Fiscal Council’s analysis. It can amount to a maximum of 4% of annual revenues and receipts. The primary goal of the reserve, as outlined by the Fiscal Council, is to ensure that state payments continue smoothly and to avoid the need for a budget revision due to minor, technical planning errors that are bound to occur, or due to unforeseen circumstances.
Furthermore, the Fiscal Council, in its analysis of the 2025 Budget Law, identified the EXPO project as one of the three investment priorities for the government in 2025.
In addition to the construction of transport infrastructure, for which 2 billion EUR has been allocated, and military equipment, for which approximately 1 billion EUR is set aside in this year’s budget, the EXPO 2027 project, along with the National Stadium and linear infrastructure, ranks third, with around 700 million EUR allocated.
