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– As soon as the coronary virus pandemic started, we had a budget rebalancing when we set aside 5.8 billion euros. A huge aid package for our economy and the citizens of Serbia. We pay 5 minimum wages in the private sector, Mali said.
That proved to be a good step, Mali noted, adding that in the second quarter of this year, the unemployment rate was at its historically lowest level of 7.3 percent.
Mali also stated that despite the corona virus, Serbia is strengthening its health capabilities.
– 9 billion dinars for the construction of two covid hospitals, equipping those hospitals. We have set aside money for new capital projects. We have reserved money for entrepreneurs – said the Minister.
The money will also be invested in capital projects such as the completion of the Belgrade Beltway and the Moravian Corridor. 5.1 billion are also planned for farmers
Public debt under control, Serbia the best in Europe
The minister added that the public debt is completely controlled and that it will not exceed 60 percent of GDP, unlike some countries where, as he himself says, the public debt exceeds 150, 200 percent.
The minister also noted that Serbia will be the best in Europe in terms of growth rate, noting that according to the projections of the IMF and the European Commission, Serbia will have the highest accumulated growth in the next three years.
– We are the leaders and the IMF and the European Commission say that … That means that we have implemented reforms in the right way and strengthened our economy – said Mali.
– We have strengthened our economy in the right way, and that was the goal of our government, even as Serbian President Aleksandar Vučić said years ago, Mali said, showing the IMF and EC charts indicating that Serbia expects good results .
New budget revision coming soon
Mali announced that a new budget rebalancing will be presented to the Serbian government soon.
– A deficit of three percent is expected, according to the IMF, which provides more opportunities to reduce public debt. No more money will go to equity investments. Our pensions have increased 5.9 since January and the minimum wage has increased 6.6. We will go fast with the announcement of how much our salaries are growing in the public sector – Mali announced.
10,000 dinars for healthcare workers
The Mali minister emphasizes that a decision has been made and that health workers should receive 10,000 dinars each.
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