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Professor Rasha Karapandza asked how the president can pay 100 euros that are not his by decree, while Tanja Jakobi believes that the measure does not make sense, but asks citizens to take the money. Journalist Biljana Stepanović says the government would probably like to have as few citizens request this gift, which they will return with interest.
Nova ekonomija editor Biljana Stepanović said she was unable to comment on officials’ statements that the coronary pandemic and the economic downturn could still affect us, because even before the country closed, Serbia was on the back of economic growth.
In the online debate of the National Coalition for Decentralization (NKD) “Pandemic and economy: reality behind the numbers,” he noted that he could only praise the measure of paying the minimum of 30,000 dinars in three months, because that is the only net donation to the state.
Source: H1When the 5.1 billion euro program is said, that money will not be given, but includes the deferral of taxes and contributions and guarantees to banks for loans, everything is raised there, Stepanović explained, noting that “it saves the little ones”.
Large companies refuse to do that, because they tie hands, force them not to lay off employees or pay dividends, he noted and stated that certain branches of the economy, such as catering and transportation, expected great help, which was lacking. .
The sole purpose of the loans is to spend money in a non-transparent way, said Professor Karapandža.
“The only thing that would agree with Aleksandar Vučić is that we will know what the economy was like when paying VAT. My company is 11 years old and now I will not pay VAT for the first time because I had no income,” said Stepanović.
Stepanović warned that paying the minimum of three months is a way for the little ones to catch their breath, “pick up what they can do”, and that the situation will be really uncomfortable after the fall.
Speaking about loans from the Development Fund for the Economy, Stepanović noted that they are favorable, but she is not sure that they will be available to everyone, “only ours”, while the banks for loans, despite the state guarantee, will evaluate who can pay it.
Stepanović noted that she was the first to rebel against the 100-euro measure, because it is not economic, but exclusively political, even before the elections.
Citizens 100 euros each and the authorities one vote
“It is cleverly designed, because we will get our own money from the government that will borrow from the international market and pay it back with interest, and the ruling party expects us to vote for it,” he explained.
Source: H1Stepanović also assessed that it is a kind of injustice that those 100 euros are also given to pensioners, because they were not in financial danger during the pandemic and their pensions arrived, while some people lost their jobs.
The head of the Finance Department at EBS University in Wiesbaden, Rasha Karapandzha, said he would not bid on the assessment of the drop or GDP growth, noting estimates of any growth in the first quarter, when the industry produced ” exactly zero “in mid-March.
In the same sentence, politicians began to combine conditional and futur, Karapandža evaluated, who believes that keeping the epidemic under control is the most important thing for the economy at the moment.
IMF requirement that loans be allocated and transparent
“We are not a centralized economy for the president to increase anyone’s salary by decree. He can pay 100 euros that are not his by decree,” he added, adding that the state’s decision not to ask the International Monetary Fund for money was incorrect.
Karapandza explained that the IMF has determined a fund for assistance due to the pandemic, which has nothing to do with the reserve agreements, as they claim in Serbia.
The important thing is that IMF loans must be allocated and spent transparently, and when you borrow on the international market, you don’t say what you’re spending it on, it’s important to pay it back.
The sole purpose of the loans is to spend money non-transparently, Karapandža said.
Tanja Jakobi, an analyst at the Center for Public Policy Research, estimated that the distribution of 100 euros to each adult citizen does not make sense, but she asks everyone to take that money, because they will spend it better than the government.
The disbelief in the state is such that citizens will take the money and give it to whoever they think needs it, Jakobi said.
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