POSSIBILITIES OF MORE EFECTIVE SPENDING OF FUNDS IN THE DEFENSE SYSTEM Cover Image

POSSIBILITIES OF MORE EFECTIVE SPENDING OF FUNDS IN THE DEFENSE SYSTEM
POSSIBILITIES OF MORE EFECTIVE SPENDING OF FUNDS IN THE DEFENSE SYSTEM

Author(s): Nedžad Imamović, Branko Tešanović, Vera Krmpot
Subject(s): Politics / Political Sciences, Politics, Security and defense
Published by: Fakultet za poslovne studije i pravo
Keywords: consumption of funds; defense system; more efficient consumption

Summary/Abstract: In this paper, we will present our views, partial analysis and our proposals for possible solutions for more effective spending of resources for the defense of the Republic of Serbia. We believe that this is a very important topic in the current situation, when all levels of decision-making and execution are looking at possible ways of saving, that is, of rationalizing the consumption of all resources. It is known that a large part of the resources of the defense system of each country, including ours, is related to the procurement of “something that may be needed someday.” This is precisely where the starting point lies for looking at and investigating the justification for the enormously high resources of a country’s defense system, or rather for equipping and arming with means of combat and non-combat techniques. It is a well-known fact that in the world, including our country, the consumption of defense funds increases every year, through the adoption of the budget of the Republic of Serbia and its rebalancing during one budget year. In this way, means for defense, i.e. expenses on that basis, reach extremely high values, while far more important areas of life such as education, health, social protection, science and others are neglected and relegated to the background. The latest research and data from this field show that our country, as well as Croatia, records the highest level of defense spending. Thus, for example, in the last few years there has been a large increase in funds for the defense system, as well as the police, while at the same time there has been a decrease in funds for education, health and social protection. The state, i.e. its bodies, face an extremely important task, to make appropriate decisions at this very sensitive moment, which, according to the current situation, will help to overcome the already evident crisis in all spheres of life and properly allocate and direct the available resources so that there are no major consequences for the economy of the country and the standard of living of citizens. It is necessary to carefully evaluate where we can spend more effectively, that is, where expenses can be reduced in order to compensate and direct the funds in the so-called “critical areas” and we know that these areas are currently energy, supply, agriculture and others.

  • Issue Year: 13/2023
  • Issue No: 37
  • Page Range: 75-89
  • Page Count: 15
  • Language: English
Toggle Accessibility Mode