Dusan Nikezic (YouTube printscreen)
On March 8, Serbian Justice and Freedom Party issued a statement claiming that only in January, the authorities and the Serbian Progressive Party have burdened every household in the country with an additional debt of EUR400.
Party vice-president Dusan Nikezic said that no one knows anymore where all that money goes.
“Over the last 10 years the authorities have increased Serbia’s debt by borrowing EUR20 billion, of which only six billion has been spent on infrastructure. The remaining two-thirds went to government spending.”
“We’re borrowing above our means, and we will pay EUR1.22 billion in interest alone for existing debts in 2023, which is how much the state allocates for all social benefits annually,” Nikezic said.
This means, Nikezic added, that social benefits could have been twice as high today had the government been paying the same interest rates like it had in 2012.
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