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The head of the IMF's office in Serbia, Sebastijan Sosa, estimated that it was possible to increase salaries and pensions in Serbia without having yet discussed concrete figures. He says the IMF mission with the Serbian government will discuss it at the end of September.
Source: N1
The IMF has concluded a new thirty-month debt agreement with Serbia, which provides for a definitive solution to the problem of public corporations that have been the source of costs in the past.
Retirees and officials will wait in the early autumn of them, and from when, the income is increased.
"This means that after the talks with the IMF mission in September, the next step will be the increase in wages and pensions, we will know and what will be the percentage increase," said Finance Minister Sinisa Mali
. Finance say that the IMF does not need money from the IMF, this institution starting a new two-year deal.
"The existence of an arrangement with the IMF is not a guarantee that a responsible tax policy will be managed, but greatly increases the chances." The financial markets would react negatively to the fact that the agreement will not be approved by the arrangements and that the implementation of the agreement will not be realized, "said Sasa Randjelovic, of the Faculty of Economics of Belgrade
. economic growth. If space is indicated in the budget, it should be used, as we say in the IMF, for the debt does not exceed 50% of GDP, and then for public investment and tax cuts that the economy could do.
The IMF program also predicts that the total cost of pensions will not exceed 11 percent of GDP and that wages will be 8 percent. This means that these expenses can increase as much as the growth of the economy.
"This means that it is possible to increase wages and pensions based on nominal GDP growth, which means that this growth will be 6.5 to 7% by the end of the year. program, which means that there is no small growth, especially if we consider that inflation is currently low, "says Sebastian Sosa
" This tax room can be used in several ways Sasa Randjelovic
The IMF, as its representative in Belgrade, expects soon to a call for offers for PKB, as well as the privatization of RTB Bor and MSK of Kikinda
. "These troubled companies have been a source of budget spending in the past, but there has been progress on this front, for example, Galenika has been privatized, but as far as other companies, the complete solution of their status is always the goal is to complete it completely either privatization, or, as for Azotara, bankruptcy, "says Sosa
who also supports the eventual privatization of Komercijalna Banka.
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