BUDGET AND REGIONAL POLICY OF THE EUROPEAN UNION

NUMANOVIĆ DULJEVIĆ Birsena (Centar za strateška i istraživanja nacionalne bezbednosti - CESNA B, Beograd; Srpska kraljevska Akademija investicionih nauka, Beograd), duljevicbirsena41@gmail.com
LUTOVAC Milan (Fakultet za menadžment, Sremski Karlovci), gsmmitar@gmail.com

Within its institutions, the European Union adopts numerous autochthonous documents necessary for its operation and support of certain countries. In doing so, the EU budget with projected revenues and expenditures intended for the functioning of the planned structural segments of the group is of essential importance. The main goal of allocating funds from the budget is to provide financial assistance to states for the purpose of implementing projects in the domain of public policy. This includes investments in the function of ensuring regional development in the form of support for domestic sources, with permanent monitoring of the use of given resources. A balanced regional development of regions and local communities plays a key role in the EU integration process. The regional development of the Republic of Serbia is thus financed not only from the republican budget, the budgets of autonomous provinces, cities, and local selfgovernment units, but also through EU pre-accession funds. EU pre-accession funds intended for countries that are potential EU candidates aim to facilitate the economic and social transformation that accession to the Union implies. The institutional framework for the development of the regional policy of the Republic of Serbia, as well as the previous use of pre-accession funds for the purpose of balanced regional development, are the subject of consideration in this paper.

Keywords: EU, budget, regional policy, regional development, Serbia