“TOMORROW, I will present the budget in the Assembly, which is primarily developmental,” Prime Minister Ana Brnabić said today in the news on TV Prva.
As she pointed out, the budget proposal plans almost 486 billion dinars for capital investments.
– No more money is ever planned for that. All the economic growth that we have, and we will certainly finish over 7%, is coming because we were ambitious with investments – Brnabić pointed out.
In addition, as she stated, the budget proposes an additional increase of salaries between 7 and 8 percent and pensions of 5.5 percent, and minimum salaries of 9.4 percent.
– The minimum finally exceeds 35,000 dinars – she said.
– In Serbia, we have created 60,000 jobs in 12 months – she added, emphasizing that 3 packages of support measures amounted to over 8 billion euros.
– As for the conversation with the unions, it was, as always, difficult, but very constructive and good – she said.
Brnabić reminded that the construction of the subway started today, stating that there are those who have resistance to that.
– We always have people who have resistance to projects that lead Serbia into the future. We saw that there aren’t many of those people, 100-150 people, we saw those people when Belgrade on the water started to be built, and when roads and railways started to be built … That metro doesn’t suit them, not because the metro Belgrade does not need it, they are against the success of this government. But when you are against that, then you are against the success of Serbia. I am sorry that some workers there froze because of that protest, but we continue to build the subway and I am sure that the results will be just as good – she said.
A proposal that goes before the deputies
The budget envisages 486 billion dinars for capital investments at the level of the general state, which is 7.3 percent of GDP.
In the structure of total revenues, tax revenues amount to 1,317.9 billion dinars or 86.9 percent, while non-tax revenues amount to 175.7 billion dinars or 11.6 percent of total budget revenues of the Republic of Serbia.
The rest consists of donations in the amount of 23.4 billion dinars, which makes 1.5 percent of the total income.
The budget proposal envisages total expenditures and expenses in the amount of 1.717 billion dinars.
The projected general government deficit in 2022 is three percent. The budget is projected at a projected GDP growth of 4.5 percent.
When it comes to public debt, at the central level of government, it will amount to 55.5 percent at the end of 2022.
The budget envisions an increase in pensions and salaries in the public sector.
According to the applied Swiss formula, pensions will be higher by 5.5 percent, and all pensioners will receive an additional 20,000 dinars at the beginning of next year.
When it comes to salary increases, salaries of public sector employees are expected to increase by seven percent, while salaries for employees in the army, health and social services will increase by 8%. On average, a 7.3 percent increase is projected.
Also, from January 1, the minimum wage is expected to increase by 9.4 percent, so the minimum wage will exceed 35,000 dinars (35,012 dinars) for the first time.
It is also planned to increase the non-taxable part of the gross salary from 18,300 dinars to 19,300, while at the same time reducing the rate of PIO contribution at the expense of the employer by 0.5 percent.
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