"EUR 5bn for infrastructure by 2012"

Prime Minister Mirko Cvetković says Serbia will invest more than EUR 5bn in developing its road, railway and energy infrastructure by 2012.

Izvor: Tanjug

Friday, 27.11.2009.

09:31

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Prime Minister Mirko Cvetkovic says Serbia will invest more than EUR 5bn in developing its road, railway and energy infrastructure by 2012. This would increase the country's economic activity significantly, said the premier, and announced that the budget deficit would be "eliminated within four years". "EUR 5bn for infrastructure by 2012" "We will invest more money than we have in infrastructure, because that is an investment in Serbia's future," Cvetkovic stressed an article published in Belgrade weekly NIN. Describing the government goals for 2010, Cvetkovic stated that the chief aims were a fast economic recovery and an increase in the standard of living. Talking about the measures for achieving those aims, Cvetkovic announced a public administration reform, restructuring of public companies and investments in infrastructure. He put macroeconomic stability and financial discipline as the goals of the 2010 economic policy. "One of our first aims will be to balance the budget, meaning to eliminate the budget deficit within four years," Cvetkovic stated.

"EUR 5bn for infrastructure by 2012"

"We will invest more money than we have in infrastructure, because that is an investment in Serbia's future," Cvetković stressed an article published in Belgrade weekly NIN.

Describing the government goals for 2010, Cvetković stated that the chief aims were a fast economic recovery and an increase in the standard of living.

Talking about the measures for achieving those aims, Cvetković announced a public administration reform, restructuring of public companies and investments in infrastructure.

He put macroeconomic stability and financial discipline as the goals of the 2010 economic policy.

"One of our first aims will be to balance the budget, meaning to eliminate the budget deficit within four years," Cvetković stated.

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