Izvor: N1 televizija, 24.Jul.2018, 17:29 (ažurirano 02.Apr.2020.)
IMF: Possible increase in salaries and pensions in Serbia
The Resident International Monetary Fund (IMF) representative in Belgrade said on Tuesday that there was room for an increase in salaries and pensions in Serbia, but that actual percentage had not been discussed yet, the Belgrade-based Beta news agency reported.
Sebastian Sosa told reporters that the IMF would talk about the concrete figures with the Government of Serbia after the next mission’s visit by the end of September when the 2018 budget balance would be known.
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The IMF and the government, he said, would also work on the state coffers for the next year.
Sosa added that the aim of the latest arrangement with Serbia, the so-called Policy Coordination Instrument (PCI), which did not include any financial injections, was to solve the issue with the public enterprises that caused expenses in the previous period.
That, he said, would release the resources which then could be directed into public investments.
Speaking about the state-owned banks, Sosa said that Serbia was planning to privatise the Komercijalna Banka and that Belgrade had the IMF support for the move.
He added that it was essential to preserve the financial stability, especially of the institutions which had dubious loans.
Sosa said that the macroeconomic data in Serbia were favourable and that the growth was expected to be at least 3.5 percent this year. The budget surplus was also envisaged as well as the reduction in public depth, which was below 60 percent, while the PCI’s goal was to reduce it to below 50 percent.
Speaking about other PCI’s goals, Sosa said they include the acceleration of the public and tax administrations’ reforms.
