Government Proposes 2018 Budget to the Parliament: More Money for Investment, Salaries and Pensions
The Serbian finance minister, Sinisa Mali, said that pensioners could expect a 12% increase on their paychecks on Jan. 1, and public servants a 12.5% addition to their salaries.
“Pensioners will see a nine-percent raise on Nov. 1, and in January their pensions will be 20 percent larger than during the year,” Minister Mali said in an interview with the Serbian public service RTS on Sept. 26.
The minister also explained that forecasts had put next year’s inflation rate at 8.7 percent, and that Serbia’s public debt was EUR31.5 billion.
The Serbian Statistics Office reported on Sept. 26 that Serbia’s average gross salary was RSD100,937 in July, and that the net equivalent was RSD73,114.
The medial net salary was RSD56,000, meaning that half of the Serbian labor earned that much.
Compared to the same period last year, gross/net salaries added 13.4 percent nominally from January to July, with the real growth of three percent.
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