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The Serbian government has adopted a new and third economic support package of 249 billion dinars, which provides direct financial assistance to both citizens and the economy to mitigate the negative effects of the corona virus pandemic.
As part of the support for the economy, every entrepreneur and worker employed in micro, small, medium and large companies will receive 50 percent of the minimum wage for three months. That’s a total of about 48,000 dinars, or 16,000 dinars per month.
1,505,093 workers are entitled to this measure. The measure takes effect on March 1 of this year with the first payment on April 8, April. The measure does not include banks and financial institutions.
“The application will be simple through the website of the Tax Administration. The condition is that there will be no dismissal of more than 10 percent of the employees, three months after the payment of the last minimum wage, as well as the payment of dividends, “said Mali.
In addition to 50 percent of the minimum wage for three months, another minimum wage (32,000 dinars per worker) will be awarded to catering companies, travel agencies, tour guides and authorized companions, as well as hotels, resorts and car rental agencies. . Payment is in April, May and June at 50 percent of the minimum and in July the entire minimum is gone.
Also, urban hotels will receive 350 euros per single bed and 150 euros per accommodation unit.
As previously announced, the road haulage and bus station sector will receive 600 euros per bus. This measure is implemented through 6 monthly payments.
The Minister of Finance, Siniša Mali, declared that three bonds of the Republic of Serbia will be included in the JP Morgan index of developing countries from June.
“We have been dealing with it for the last two years, I cannot explain to you how important it is to our country,” Mali said at the Palace of Serbia.
He points out that this index only includes bonds from countries that are sufficiently credible and where there is sufficient liquidity.
“It is important for the confidence of foreign investors, for the credibility of all these reforms and for the new securities issues, as well as for the credibility of these aid packages that we are talking about today,” Mali said.
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