Further movements of salaries and pensions will depend on the inflow of VAT into the budget of Serbia.
The Ministry of Finance says that the increase of the minimum wage by 6.6 percent also affects the increase of the average salary, and that even during the greatest economic crisis due to the corona, the plan for 2025 to average salary of 900 euros will not be abandoned.
The minimum salary in the next year will be increased by 6.6 percent and will amount to 280 euros, and from January 1, pensions will increase by 5.9 percent based on the Swiss formula.
– Increasing the minimum is good news in the conditions of the biggest economic crisis. World economies are falling by 10 and even 20 percent. The Government of Serbia made a responsible decision, because the unions and employers failed to reach an agreement – it was said from the Ministry of Finance.
He reminds that the minimum salary in 2012 was the minimum of 130 euros, and that today it is twice as high.
– Important news for all our employees in the economy, because the coefficient per hour increases from 1.3 euros to 1.5 euros, all salaries increase in relative amount due to the increase in the minimum wage – the ministry explained.
As they stated, the state will meet the needs of employers to make it easier for them this time as well, in order to save jobs.
They emphasize that the goal is to bring the average minimum wage closer to the consumer basket, which is the request of the union. They also note that all developed countries are suffering a great economic decline, and that Serbia had a decline of 0.8 percent in the first half of this year.
From January 1, pensions will be increased according to the Swiss formula, where the increase is proportional to the growth of average salaries and inflation.
The ministry reminded that today, the 15th of the month, is the report on domestic VAT inflows. As they said yesterday, further decisions on salaries and economic measures will further depend on that.
– The President (Aleksandar Vucic) asked me 6 times this morning about VAT, we are waiting to see how much our inflows are – they said from the Ministry of Finance, Srbija Danas reports.
