UPDATE 1-Serb government raises 2013 budget deficit target to 4.7 percent of GDP

Newswire

* Revised budget raises gap to 178 billion dinars ($2.02 billion * Envisions cuts in administration, sales of unprofitable state-run firms * No cuts, freeze of public sector wages, pensions (Adds quotes, details, context) By Aleksandar Vasovic BELGRADE, June 25 (Reuters) - Serbia's government adopted a revised 2013 budget on Tuesday, widening the targeted fiscal gap by one percentage point to 4.7 percent of GDP due to ...

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