Serbia Short of Cash For Presidential Polls

Full story: BalkanInsight.com
Watchdog organisation warns that costs of staging early presidential elections are three times higher than the budget reserve from which the government plans to provide funds. Full Story

Since: Oct 11

Srbe na Vrbe

#1 Apr 12, 2012
Watchdog organisation warns that costs of staging early presidential elections are three times higher than the budget reserve from which the government plans to provide funds.

Vladimir Goati, head of Transparency Serbia, part of the global corruption watchdog, says that there is not enough money in the budget for the organisation of early presidential polls.

"The reserves are less than the funds needed for the campaign, and I hope that there are alchemists out there who can somehow bridge the gap," Goati said.

According to Transparency's data, the organising of presidential polls will cost about 16.3 million euro while the budget reserved for them stands at about 5.4 million euro.

Goati says the state will end up having to take funds from other budget items to compensate for the shortage.

The problem has arisen because the state had no plans to hold presidential elections this year.

However, on April 4, President Boris Tadic resigned nine months before the end of his mandate to enable early presidential elections to be held together with general and local elections on May 6.

The move was designed to be seen as economical, as the country will save money by holding all three elections at once.

Meanwhile, Prime Minister Mirko Cvetkovic has called a government's session for Thursday when they will discuss readjusting the budget to provide more funds for the presidential election. He has not yet disclosed how this will be done.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Boris Tadic Discussions

Title Updated Last By Comments
Serbia, Croatia relations hit by Storm (Aug '11) Jan '15 Edwin Casimir 4,408
Bosnia and Herzegovina: a Decade After Srebrenica Nov '14 Blahblah80 59
Serbia's election: A zealot in power (Mar '14) Mar '14 Cer 1
Is Serbia Headed For 'Orbanization?' (Mar '14) Mar '14 Cer 4
Bosnia's Republika Srpska Marks 20th Anniversary (Jan '12) Jan '14 JosMeProsloNije 498
Former Serbian president Boris Tadic becomes ad... (Nov '13) Nov '13 Servonazis 1
100 Trumpets for Medvedev's Visit to Belgrade (Oct '09) Nov '13 Servonazis 38
More from around the web