Fiscal Council skeptical about measures

The proposed salary and pension cuts are insufficient and the VAT will have to be increased as a result, Fiscal Council President Pavle Petrović said.

Izvor: Blic

Friday, 19.09.2014.

12:53

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Fiscal Council skeptical about measures

The Fiscal Council - an independent state organ that reports to the Serbian parliament - had proposed a linear reduction of salaries and pensions by 15 percent.

The set of measures Vučić laid out include a reduction of public sector salaries and pensions over RSD 25,000, "a fierce fight against the gray economy, "dismissals of administrative staff who are surplus to requirements, a reduction of subsidies for some public enterprises, as well as strengthening the private sector, Tanjug reported.

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