"As early as of December, the average salary will amount to 500 euros"
BELGRADE -- Finance Minister Sinisa Mali said he expects the average salary to be above € 500 by December
Source: Tanjug
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Foto: Tanjug/Rade Prelić
He said in an interview for daily "Blic" that the increase in the public sector would follow from the November salary, which is paid in December.
"Talks with the IMF are currently underway, and we are encouraged by a budget surplus of RSD 46.6 billion in August," Mali said.
He pointed out that, according to President Vucic's announcement, the largest increase would be received by medical staff, nurses and then doctors, and the increase would be, on average, more than six percent.
Also, starting from next year, companies will be able to give an increase of an additional five percent as the Law on temporary regulation of the basis for calculating and paying wages is repealed.
Mali also announces that all pensioners will receive an increase of five to 5.5 percent, according to the Swiss model.
"In the coming weeks, we will know exactly how much the increase will be. It's a systemic solution. I think it's the fairest model because indexation is done every year, and the amount of pensions depends on what the inflation rate is and how much wages have gone up", Mali says.
He reiterated that around December 1, all pensioners will receive a one-time assistance of 5,000 dinars, and the increase will follow from January 1 next year.
As for the budget for the next year, the emphasis will be on public investment and RSD 250 billion will be allocated for this purpose.
The projected economic growth for the next year is four percent, while the growth of total investments is expected to be 9.2 percent, while the unemployment is expected to fall to single digit number.
When it comes to offers for Komercijalna banka, he says that he cannot mention any names yet, but that there are three interested banks, one of them is local.
That swiss model of Mali is good for already developed economy , in Serbia average pension is only 220 euro 5% it means only 10 euro , this system is good for at least 500 euro average pension
the good thing is that +5% at salaries cuting taxes
(adrian_romania_bucharest, 16 September 2019 18:57)
Did you write that comment in English?
(Oxford English Center, 18 September 2019 21:48)
Wow a Christmas present with a increase or is it election time vote for Vucic and the motley crew. Come January deficit and a rollback hard come easy gone as seen many times.
(Lenard, 16 September 2019 18:36)
Lenny how things going on planet crackpot? Look at Croatia making big strides with last year they were No.2 in supplying migrants to Germany. Can you imagine anyone leaving rich Croatia? That the same Croatia that financially supported the old Yugoslvaia, well that’s what you Croats kept on saying, but today everyone leaving despite having an average monthly salary of €1,100 LOL.
(sj, 17 September 2019 11:13)
This system is good.Which means all pensions each year would be increased in line with inflation. My guess is the same would apply to wages.
Fair play.
We in UK have the same system.
Mr Mali is moving things in the right direction. Superb.
(British, 16 September 2019 19:52)
That swiss model of Mali is good for already developed economy , in Serbia average pension is only 220 euro 5% it means only 10 euro , this system is good for at least 500 euro average pension
the good thing is that +5% at salaries cuting taxes
(adrian_romania_bucharest, 16 September 2019 18:57)
Wow a Christmas present with a increase or is it election time vote for Vucic and the motley crew. Come January deficit and a rollback hard come easy gone as seen many times.
(Lenard, 16 September 2019 18:36)
Wow a Christmas present with a increase or is it election time vote for Vucic and the motley crew. Come January deficit and a rollback hard come easy gone as seen many times.
(Lenard, 16 September 2019 18:36)
That swiss model of Mali is good for already developed economy , in Serbia average pension is only 220 euro 5% it means only 10 euro , this system is good for at least 500 euro average pension
the good thing is that +5% at salaries cuting taxes
(adrian_romania_bucharest, 16 September 2019 18:57)
This system is good.Which means all pensions each year would be increased in line with inflation. My guess is the same would apply to wages.
Fair play.
We in UK have the same system.
Mr Mali is moving things in the right direction. Superb.
(British, 16 September 2019 19:52)
Wow a Christmas present with a increase or is it election time vote for Vucic and the motley crew. Come January deficit and a rollback hard come easy gone as seen many times.
(Lenard, 16 September 2019 18:36)
Lenny how things going on planet crackpot? Look at Croatia making big strides with last year they were No.2 in supplying migrants to Germany. Can you imagine anyone leaving rich Croatia? That the same Croatia that financially supported the old Yugoslvaia, well that’s what you Croats kept on saying, but today everyone leaving despite having an average monthly salary of €1,100 LOL.
(sj, 17 September 2019 11:13)
That swiss model of Mali is good for already developed economy , in Serbia average pension is only 220 euro 5% it means only 10 euro , this system is good for at least 500 euro average pension
the good thing is that +5% at salaries cuting taxes
(adrian_romania_bucharest, 16 September 2019 18:57)
Did you write that comment in English?
(Oxford English Center, 18 September 2019 21:48)
Wow a Christmas present with a increase or is it election time vote for Vucic and the motley crew. Come January deficit and a rollback hard come easy gone as seen many times.
(Lenard, 16 September 2019 18:36)
Wow a Christmas present with a increase or is it election time vote for Vucic and the motley crew. Come January deficit and a rollback hard come easy gone as seen many times.
(Lenard, 16 September 2019 18:36)
Lenny how things going on planet crackpot? Look at Croatia making big strides with last year they were No.2 in supplying migrants to Germany. Can you imagine anyone leaving rich Croatia? That the same Croatia that financially supported the old Yugoslvaia, well that’s what you Croats kept on saying, but today everyone leaving despite having an average monthly salary of €1,100 LOL.
(sj, 17 September 2019 11:13)
This system is good.Which means all pensions each year would be increased in line with inflation. My guess is the same would apply to wages.
Fair play.
We in UK have the same system.
Mr Mali is moving things in the right direction. Superb.
(British, 16 September 2019 19:52)
That swiss model of Mali is good for already developed economy , in Serbia average pension is only 220 euro 5% it means only 10 euro , this system is good for at least 500 euro average pension
the good thing is that +5% at salaries cuting taxes
(adrian_romania_bucharest, 16 September 2019 18:57)
That swiss model of Mali is good for already developed economy , in Serbia average pension is only 220 euro 5% it means only 10 euro , this system is good for at least 500 euro average pension
the good thing is that +5% at salaries cuting taxes
(adrian_romania_bucharest, 16 September 2019 18:57)
Did you write that comment in English?
(Oxford English Center, 18 September 2019 21:48)