Vucic announced ten-billion-euro investment cycle | Beta Briefing

Vucic announced ten-billion-euro investment cycle

Source: Beta
Archive / News | 09.07.19 | access_time 09:31

vucic-parliament-kosovo-beta

Serbian President Aleksandar Vucic announced on July 8 that he would launch a ten-billion-euro investment cycle to make Serbia the country "with by far the greatest growth" in this part of Europe.

"Ten billion euros (will be invested) over four to five years," Vucic told the Serbian Broadcasting Corporation.

According to Vucic, "we can only cover" this level of investment "with five percent growth or higher without incurring debt, without having relative debt rise against the gross domestic product."

The president said he had insisted, in a meeting with Serbian Prime Minister Ana Brnabic, to "set aside two billion for youth, for young couples."

He specified that this money would go toward scholarships for students, to keep them in Serbia, and toward building 30,000 apartments for young couples.

Vucic said Serbia would be the country with the highest salaries in the West Balkan region within one year.

He said salaries may go up over ten percent.

info
To get full access to all content of interest see our
Subscription offer
Or
Register for free
And read up to 5 articles each month.

Already have an account? Please Log in.

Related Articles

Latest News