ANALYSIS OF BUDGET EXPENSES FOR FINANCING OF CULTURE IN THE REPUBLIC OF SERBIA

Text topic: Studies

Text author: Иван Милојевић

Establishment of a system for monitoring of the execution of budgetary expenses allocated to culture as a segment of executive rule is a basic form of support to its development in the Republic of Serbia. Inadequacy of the present accounting system is caused by procedures and legal restrictions which complicate and fail to stimulate development of the cultural sector. Focusing on the budget as a fundamental financial institute we will discuss to which degree the cultural needs can be satisfied.