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Serbia to introduce new economic measures to control prices and boost growth ahead of 2027 EXPO

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The Serbian Minister of Finance, Siniša Mali, announced that a new package of economic measures will be presented this coming weekend, aiming to reduce prices across the country. The measures will introduce a control system similar to those already in place in Romania and Hungary, focusing on limiting profit margins and analyzing wholesale and retail sales.

Mali emphasized that the goal is to find a long-term, systemic solution to improve citizens’ living standards, rather than relying on short-term interventions. He highlighted the importance of preserving employment and increasing wages, especially in a regional context where growth rates are low or negative.

He stressed that for wage increases to be effective, price control is necessary. Mali said Serbia is pursuing a responsible economic policy, balancing support for citizens with the need to maintain economic stability. He noted that public debt in Serbia remains well below the eurozone average of around 90 percent.

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Mali also criticized recent riots in Serbia, describing them as acts of violence without political purpose, warning that such disturbances could harm the country’s economy. He reassured citizens that the government will continue to invest in infrastructure, including schools, hospitals, roads, and railways, while working to strengthen the economy.

Looking ahead, Mali discussed Serbia’s hosting of the specialized international EXPO in 2027. So far, 119 countries have confirmed participation, setting a new record for the event. He expects over three million visitors and stressed that the EXPO will provide opportunities for economic growth and international recognition, positioning Serbia as a global hub and supporting long-term development goals toward 2035.

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