Starting on January 1, there will be a huge increase in the minimum price of labor and pensions, here is how much!

Siniša Mali, Photo: Print Screen / First

He said on TV Prva that the IMF agreed that Serbia has room to increase wages and that this is a good measure, and stated that President Aleksandar Vučić insisted on that in talks with representatives of that international financial institution.

He recalled that salaries have increased by almost 10% this year, and that this increase will be somewhat less next year.

“We need to understand what economic miracle has been done in a couple of years, because right now we are also talking about wage increases, maintaining macroeconomic stability, talking about growth rates above six percent next year,” Mali said.

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Mali, who will remain finance minister in the new government, says that as of January 1, 2021, the minimum labor price will increase by 6.6 percent and pensions by 5.9 percent.

He stated that the goal remains that by the end of 2025 the average salary in Serbia is 900 euros and the pension of 430 or 440 euros.

He mentioned that the public debt is under control and that it remains below 60 percent, at this time it amounts to 57 percent, while, he added, extensive support measures have been implemented in the conditions of the coronavirus epidemic, for value of 5.800 million euros.

Mali says that there is also a guarantee scheme related to cheap and long-term loans that are aimed at micro, small and medium-sized companies of two billion euros to mitigate the negative consequences of kovida 19, whose guarantor is the State.

Siniša Mali, Photo: Print Screen / First

He affirmed that there is also the American International Finance Corporation (DFC), which opened an office in Belgrade a month ago, and with which the terms of the loans are being negotiated, that is, the interest rates and their maturity, and if it will be seven or even ten. years.

“It would be great if we could increase the maturity of the loan. It is about supporting macro, small and medium-sized companies. I hope it starts at the end of the year, it depends on them, you see, they are fully committed to that,” says Mali.

The Minister also said that we have enough gold reserves, never again, and that this gives the opportunity to implement a responsible economic policy, to control the exchange rate and inflation, as well as stability in the budget.

“Gold obviously reaches world record prices. We are completely safe and protected, inflation is at a record low and the exchange rate is stable despite the biggest economic crisis,” Mali said.