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Serbia’s new borrowing of a total of 2.5 billion euros follows

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Assistance in the crisis is needed, but it does not have to cost a billion euros, but it can be 300 million euros, the President of the Fiscal Council, Pavle Petrovic, told N1 today regarding the analysis of the announced new package of anti-crisis measures of the Government of Serbia.
It should be clear to the citizens that there is no money left for new measures and that for an additional billion euros we have to borrow on the financial market in London, said Petrovic and explained that, in addition to that one billion, we have to borrow a billion and per euro, as planned in the budget for 2021.
“We do not have money from which we can spend, this year we will borrow a total of an additional 2.5 billion euros,” Petrovic emphasized.
He drew attention to the fact that the announced new anti-crisis package of measures includes two large “blocks” of 450 million euros each, one of which is giving to citizens and pensioners, and the other to giving to the economy, without any of them being selective.
“Everyone gets the money, not those who need it,” said Petrovic and emphasized that the Fiscal Council takes care of that because “if you indiscriminately share, you give significantly more money.”
On the remark that the Prime Minister of Serbia points out that selective assistance to citizens is impossible, because we do not have social cards, Petrovic answered that exactly three years ago the then Minister of Labor Zoran Djordjevic pointed out at the Kopaonik Business Forum that social cards are being worked on.
“It was expected to be over quickly, three years have passed since then. You know, it is not nuclear physics to make social maps,” said Petrovic.
He added that some criteria could still be applied during the payment, so that only pensioners with pensions below the average receive help, and those above a little less, or that the unemployed and all those who have incomes below the minimum and work occasionally receive money, BiF reports.

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