MALI: More money for capital investments in 2019

Serbian Finance Minister Sinisa Mali says that there would be more money for capital investments and announces higher salaries (7-12%) and pensions in 2019.

– The minimum wage will be higher than RSD 27,000 for the first time and is slowly getting closer to the value of the consumer basket – he said in his interview with the Espreso portal.

The minister emphasizes that the government’s economic policy aims to raise the living standard year after year.

Mali also mentions the considerably reduced unemployment and says that the rate of 11.3% is still high, but that the government fights for each job.

He explains that there are more funds for each sector in the 2019 budget than in the 2018 one and that the priorities of the Government of Serbia are clearly defined.

– On the one hand, we are raising the quality of our infrastructure, building roads and railways, whereas, on the other hand, the social aspect is very important for us – Mali said.

The minister says that Pristina’s decision to implement fees of 100% on goods from central Serbia will not greatly affect the country’s public finances.

– Unfortunately, the decision does affect people in Kosovo and Metohija – Mali said.

The minister says that he is very proud of Belgrade Waterfront and that the construction of five new facilities will begin in the next six months and that each next year five facilities will be built. He adds that around 1,500 workers are active there.

Ministarstvo finansija Republike Srbije

Saobraćajni institut CIP d.o.o. Beograd

Beograd na vodi d.o.o. Beograd

Sinisa Mali

salaries in 2019

pensions in 2019

fiscal consolidation

2019 budget of Serbia