Supported byOwner's Engineer
Clarion Energy banner

About 600 billion dinars have been set aside for capital investments in the budget for next year

Supported byspot_img

The Parliamentary Committee for Finances, the Republic Budget and the Control of the Spending of Public Funds adopted the Bill on the budget for the next year, which, among other things, foresees about 600 billion dinars for capital investments.

As stated in the Ministry of Finance’s announcement, the session also adopted the Bill on the final account of the budget of the Republic of Serbia for 2022, as well as the Bill on amendments to the Law on the Budget System.

Finance Minister Siniša Mali said on that occasion that “the budget is a continuation of the policy that has been implemented for several years”, as well as that it is “developmental, balanced, socially oriented with precautionary elements for crisis response”.

Supported by

He also said that the budget for the next year is a continuation of the policy of further economic empowerment of the country, support to citizens and the economy, continuation of overcoming the effects of the world crisis, with as few consequences as possible for Serbia.

“About 600 billion dinars have been set aside for capital investments in the budget for next year, which is 6.8 percent of GDP”, said Mali, stating that the money is earmarked for projects such as the ring road around Kragujevac, the start of construction of the EXPO, the National Stadium, the continuation of construction of the Belgrade metro, the tunnel in the center of Belgrade, the Fruškogorski corridor, the Moravian corridor, the Preljina-Požega road, Bački breg-Kikinda and others.

As he said, “Serbia continues with the development of large infrastructure projects, with the improvement of living standards and quality of life.”

The average salary in December next year is 955 euros

Supported by

He stated that in December of this year, “the average salary in Serbia will be 840 euros, and that next December it will reach 955 euros.” “We are well on our way to fulfilling the promise that by 2025 the average salary will be 1,000 euros,” Mali said.

He reminded that after the increase in pensions in October, another increase will follow in January, of 14.8 percent, and that the minimum salary will exceed 47,000 dinars.

Mali also announced that he “continues to relieve the economy”, which is expected to contribute to the preservation of employment and the further reduction of unemployment “which is now 9.6 percent, and has decreased from 25.9 percent, which was in 2012.”

According to him, “we have record high employment, two million and 310 thousand employees pay taxes and contributions”.

Sign up for business updates & specials

Supported by


Supported byClarion Energy
Serbia Energy News
error: Content is protected !!