Serbia introduces new employment measures

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More than 20 measures are being considered in order to employ people who have lost their jobs or returned from abroad, and the most efficient ones will be chosen, said the Minister of Finance, Sinisa Mali, in an interview for today’s Blic.
“The question is whether it will be a release or a reduction in taxes and contributions for each new employee, a direct subsidy or something in between,” he said.
He added that new loans and incentives for starting a new business are being considered, which should be done with the European Bank for Reconstruction and Development (EBRD) by the end of the year.
As he said, he sees no reason for the most endangered sectors of tourism and transport not to be satisfied because, he says, everyone uses state aid measures such as three minimums, non-payment of taxes and contributions on salaries and has access to cheap loans.
Mali said that the forecasts of the Ministry of Finance say that the growth rate for the third quarter will be around zero, and that it should be in the fourth quarter of this year.
“The only factor that is unknown is the global market, but I already see a good package of measures for the recovery of EU economies that is already being applied, which means that a return to the old should be expected by the end of the year,” he said.
Mali said that Serbia attracted 821 million euros of foreign investments in the first quarter.
“It is important that all foreign investors have confirmed that they will stick to it, and we have set aside 273 million euros to support their investments,” he said.
He added that Serbia has proven to be a good and reliable partner, which is confirmed by government Eurobonds, for which there was a great demand on the international market.
He confirmed that the program Serbia 2020-2025 remains the backbone of the development of the Serbian economy for the next five years
He says that the goal of the state is to raise the standards of citizens and that this goal is completely achievable, and pointed out that the average salary will be 900 euros by the end of 2025, and the pension over 400 euros, RTV reports.