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Finance Minister Siniša Mali said that starting today, all adult citizens residing in Serbia can apply through the Treasury Administration website for state aid in the 100-dinar equivalent of 100 euros.
He told RTS that starting Friday, May 15, it will be possible to request that help through the call center whose number will be published, and the request will last until June 5.
“On Friday the payment of assistance of 100 euros will begin for pensioners and users of financial social assistance, who do not have to register,” Mali said.
He added that the payment to help adult citizens will be successive and that the budget foresees around 60 billion dinars for those needs, and that how much will be spent will depend on the number of applicants.
Commenting on yesterday’s sale of two billion euros of government eurobonds in the international financial market, Mali said it was extremely successful because the demand was worth seven billion euros, and 300 investors requested.
As he explained, the interest rate of 3.3 percent on those Eurobonds is more favorable than if Serbia borrowed from the International Monetary Fund (IMF), because the interest rate on a loan of two billion euros would be five per hundred.
“Even after the sale of Eurobonds, Serbia’s public debt is below 60% of gross domestic product (GDP), that is, it amounts to 57%,” Mali said.
According to him, the money from the sale of Eurobonds will be used to support economic measures to help the economy and citizens during the crisis caused by the coronavirus epidemic, as well as to stimulate economic growth, so that Serbia is the first country. in Europe to grow.
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