Pravo (Aug 2009)
PUBLIC FINANCES IN CONSTITUTIONAL SYSTEM OF SERBIA
Abstract
Matter of public finances doesn’t belong to the cycle of fundamental questions of so-called materie constitutionis. However main principle of socio-economic system of one political community, in which question of public finances is one of basic is regulation of every modern constitution. This scientific work is focusing on norms relevant for the question of public finances, which are contained in Constitution of Republic of Serbia and in proposal of new Statute of Vojvodina Province, and will consist, after Statute goes into effect, the largest number of norms already contained in constitutional system of Serbia. Substances referring to public finances are not considered only in part which contains them under the title. Questions directly or indirectly related to public finances can be found besides the following, in part about human and minority rights and freedom, Republic authority, separation of powers and territorial structure. Part of constitution referring to public finances is deficient. According to article 91 of the Low, resources for financing Republic regulation, province and local authority are providing from taxes and other incomes defined by the law, which also defines budget regulation, public debts, proper regional development, and Central bank and Governmental revision institution. Former constitution, as the difference from the existing one, made important changes in system of public finances in Serbia. Guaranteeing province and units of local authority the right for incomes, Republic of Serbia demonstrated determination for general decentralization, including fiscal without which is illusory to talk about any other. Through tax legislation and other financial laws constitutional regulation will get acquire meaning.
