"Public sector layoffs to start in July"

Serbian Minister of Public Administration and Local Self-Government Kori Udovicki stated on Friday that dismissals in the public sector would begin as of July.

Izvor: Tanjug

Friday, 13.03.2015.

16:57

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"Public sector layoffs to start in July"

Udovicki told reporters that the program and laws on the allowed number of employees in the system would be adopted by the end of July or in early May, while the realisation of the task should begin in late June as envisaged in the arrangement with the IMF.

By June, we will know with great probability the exact number of social programs that need to be paid and the number of people who opted for retirement programs, Udovicki told reporters in Hotel Metropol.

The government stated during talks with the IMF that the number of public sector employees would be reduced by five percent each year from 2015 to 2017, with around three percent retiring or moving over to the private sector and the remaining two percent being laid off.

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