Finance Minister and First Deputy Prime Minister Siniša Mali outlined key developments as Serbia prepares to host EXPO 2027 in Belgrade. Mali announced that 140 delegates from all member countries will attend next week’s event, confirming participation from 112 countries so far. The EXPO is seen as Serbia’s biggest development opportunity, promising economic and cultural benefits.
Mali emphasized that Serbia aims to be fully ready by May 15, 2027, when the event formally begins. Construction at the EXPO site is progressing rapidly, with completion expected by October or earlier than the initially planned December 2026 handover.
Highlighting national infrastructure projects, Mali said that on Vidovdan, Serbia will open 20 km of a new highway from Pakovraće to Požega and 14 km of road from Vrbas to Vrnjačka Banja. These developments, along with both extraordinary and regular minimum wage increases, are part of Serbia’s “Leap into the Future 2027” plan to raise living standards.
Mali stated that Serbia aims to reach an average salary of €1,400 and an average pension of €650 by the end of 2027. The minimum wage will be raised to €500 from October 1 and further to €550 in January 2026, following an initiative by President Vučić.
The successful completion of EXPO is expected to open new investment cycles from 2027 to 2035, boosting Serbia’s economic growth.
On social policies, Mali announced the creation of a state Alimentacioni Fund to cover child support payments if one parent fails to pay, demonstrating government commitment to social welfare.
Additionally, over 5,000 young people have shown interest in the recently introduced low-interest housing loans, with more than 1,000 already approved. The loans require only a 1% down payment and allow youth to build homes on their own land.
Addressing economic challenges, Mali acknowledged the impact of current blockades on the economy but remains optimistic. He highlighted ongoing cooperation with the IMF, awaiting their report to continue attracting investments and maintaining Serbia’s positive credit rating.
