Vucic pointed out that public debt is not measured by absolute figures, but by how an economy can bear it.
The President of Serbia, Aleksandar Vucic, pointed out last night that Serbia has the money to finance a part of the Belgrade-Northern Macedonia railway and that the public debt of Serbia has almost not increased in relation to 2012/2013, despite the floods and the corona, as if Serbia is a successful country today.
Asked whether the state will have the money to finance a part of the Belgrade-Northern Macedonia railway, because some claim that the country’s debt has doubled, Vucic said that on the one hand, someone does not want to tell the truth, and on the other hand, someone does not understand.
He emphasized that today’s public debt is 26 billion euros, and that in 2012/2013 was 21.1 billion euros.
Despite the floods and the corona, it almost did not increase. At the same time, it is not the same whether you repay the debt with a salary of 1,000 euros and 350 euros,” he explained.
He said that Serbia is excellent at the rate of public debt to GDP, which will not increase over 60 percent.
Vucic pointed out that public debt is not measured by absolute figures, but by how an economy can bear it.
He said that the public debt in 2012 was 56 percent, and that today it is 58 percent, although the country had to face floods and the corona.
The strength of the country has increased dramatically since then, and our GDP is no longer 32 or 33 billion, but is approaching 50 billion euros.
– Everyone who is correct understands that very well. We have not received any objections from the IMF or anyone else. For those who do not want to hear and come to terms with the fact that Serbia is a successful country, that it is no longer a loser like in their time, I will help them live even better and they will be able to trust their wallets, new museums, health centers, hospitals, instead of the nonsense they publish on social networks – he said, Srbija Danas reports.
