We are the leaders and that is what the IMF and the European Commission say! As of January 1, higher and minimum pensions

Finance Minister Siniša Mali stated that the rebalancing of the budget, which is before the deputies of the Serbian Assembly today, aims to strengthen the economy and GDP, as well as further strengthen efforts in the fight against the corona virus.

Mali said that the public debt in Serbia is under control and that it will not exceed 60 percent of GDP, unlike some countries where, as he 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 we have implemented reforms in the right way and strengthened our economy,” Mali told RTS.

He claimed that in the first budget rebalancing, when the coronary virus pandemic began, Serbia set aside a huge aid package for health care and citizens, as well as the economy.

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.

The new rebalancing foresees that the fight against the corona virus will be further strengthened, says Mali.

RSD 9 billion has been set aside to complete the construction of two covid hospitals and their equipment, for the procurement of medicines and other hospitals, as well as for capital projects, such as the completion of the Belgrade Beltway and the Moravian Corridor. RSD 5.1 billion is foreseen for farmers. 10,000 dinars for all health workers.

Mali said a new budget would arrive ten days before the government.

He added that a three percent deficit is expected according to the IMF, which gives more opportunities to reduce public debt. He also announced a record amount of money for equity investments.

Mali said that from January 1 there will be higher pensions and minimum wages, and also announced that it will be known what the growth of wages in the public sector will be.

(Kurir.rs/Tanjug)

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