President of the Fiscal Council Pavle Petrovic said Monday that there was no time for the new government to relax, as it had to speed up reforms, primarily when it came to the rationalization of the public sector and privatization.
“We understand the elections were called with the intention to obtain a new term to implement reforms and fiscal consolidation. And now the new term for that has been obtained. What we expect is reforms gaining strong momentum, primarily regarding public enterprise reform,” Petrovic told reporters after a working lunch with representatives of the Serbian Association of Managers in Belgrade.
Speaking about Serbia’s fiscal deficit, Petrovic admits that it has been considerably reduced, but says we are still not into the zone where the public debt growth will stop.
Petrovic said he believed that the arrangements with the International Monetary Fund would push reforms and that the government wanted to continue with two more IMF reviews.
The Fiscal Council president also said the government should not be raising salaries and pensions.
Source; SerbGov
