Legal Acts in English

Resources which are used for the purpose of funding competences of the Republic of Serbia, autonomous provinces and local self-government units shall be provided from taxes and other revenues, stipulated by the Law.
Obligation of paying taxes and other dues shall be general and based on economic power of taxpayers.

The Republic of Serbia, autonomous provinces and local self-government units shall have budgets, which must outline all receipts and expenses with which they are funding their competences.
The Law shall stipulate the deadlines within which the Budget must be adopted, as well as method of temporary funding.
Realisation of all budgets shall be audited by the State Audit Institution.
The National Assembly shall discuss the financial statement proposal of the Budget upon the received evaluation of the State Audit Institution.

The Republic of Serbia, autonomous provinces and local self-government units may be indebted.
Terms and procedure of getting into debts shall be stipulated by the Law.

The Republic of Serbia shall take care of balanced and sustainable regional development, in accordance with the Law.

The National Bank of Serbia shall be a central bank of the Republic of Serbia, independent and subject to supervision by the National Assembly to which it accounts for its work.
The National Bank of Serbia shall be managed by the Governor elected by the National Assembly.
The Law on the National Bank of Serbia shall be enacted.

The State Audit Institution shall be the supreme state body for auditing public finances in the Republic of Serbia, independent and subject to supervision by the National Assembly to which it accounts for its work.
The Law on the State Audit Institution shall be enacted.