HIGHER PENSIONS FROM JANUARY 1: Minister Mali on budget for 2021, large allocations for public capital investments



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Siniša Mali, as a guest on the RTS morning newscast, stated that as of January 1, pensions will be increased by 5.9 percent, the minimum price of labor by 6.6 percent, as well as increasing wages in the public sector.

It points out that as of January 1, medical workers will receive a five percent salary increase, while other public sector employees will receive 3.5 percent, and will receive the remaining 1.5 percent increase from April 1st.

Mali confirmed that soldiers will also receive an additional increase of up to ten percent.

He adds that in the budget for next year there are also provisions for public capital investments of 330 billion dinars, because, as he himself says, it has been shown that when the State invests in roads, railways, industrial parks, bridges, private ones are also encouraged. investments.

– So, all these public investments encourage private investments as well. The new roads, on the one hand, stimulate the growth of the economy, employ people and, on the other hand, stimulate private investors. That is why in the next year we have more than 330 billion dinars reserved for capital investments only, Mali explains.

According to Mali, the list of these investments includes the construction of the Moravian corridor, the Preljina-Požega highway.

It points out that the total state assistance to the economy and citizens since the beginning of the crisis caused by the Kovid 19 pandemic will amount to more than 700,000 million dinars, that is, more than 6,000 million euros.

– We reserve about 12.7 percent of our gross domestic product to help our economy, we managed to save it. We look at the budget for 2021 within that, explains the Minister of Finance.

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