Talks on measures for economy to continue on Tuesday

Leaders of the ruling coalition will Tuesday continue their talks on a package of measures "to prevent the public finances from going bankrupt," a daily writes.

Izvor: Blic

Monday, 10.06.2013.

13:50

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BELGRADE Leaders of the ruling coalition will Tuesday continue their talks on a package of measures "to prevent the public finances from going bankrupt," a daily writes. Belgrade-based Blic reported on Monday that it will be decided tomorrow if there will be any increase in pensions and salaries in the public sector in October. Talks on measures for economy to continue on Tuesday This year, the budget consolidation will consist mainly in achieving savings across ministries, and all the ministers put together will have to make savings of RSD 28 billion (EUR 245 million), said Blic. Plans for next year include resolving the bad economic situation in companies that are owned by the state. Under the agreement that the leaders of the ruling coalition - leader of the Serb Progressive Party (SNS) Aleksandar Vucic, leader of the Socialist Party of Serbia (SPS) Ivica Dacic and leader of the United Regions of Serbia (URS) Mladjan Dinkic - reached on Friday, the state should step out of ownership in Telekom Srbija, Resavica mine, Dunav Osiguranje, and in all banks where it has a 100 percent stake. The measures also prescribe a long-term (25 to 30 years) lease, for Belgrade's Nikola Tesla airport. A business and technical cooperation model is proposed under which a potential investor would buy the management rights and paid the lease amount in advance. In this manner, the airport remains in Serbia's ownership and generates a serious income, Blic said, adding that five or six big global companies are interested in this kind of cooperation. When it comes to former public enterprises, the majority of which became the burden of the government after failing privatizations, the ruling coalition leaders outlined the dynamics of closures or sales of these companies. Blic Tanjug

Talks on measures for economy to continue on Tuesday

This year, the budget consolidation will consist mainly in achieving savings across ministries, and all the ministers put together will have to make savings of RSD 28 billion (EUR 245 million), said Blic.

Plans for next year include resolving the bad economic situation in companies that are owned by the state.

Under the agreement that the leaders of the ruling coalition - leader of the Serb Progressive Party (SNS) Aleksandar Vučić, leader of the Socialist Party of Serbia (SPS) Ivica Dačić and leader of the United Regions of Serbia (URS) Mlađan Dinkić - reached on Friday, the state should step out of ownership in Telekom Srbija, Resavica mine, Dunav Osiguranje, and in all banks where it has a 100 percent stake.

The measures also prescribe a long-term (25 to 30 years) lease, for Belgrade's Nikola Tesla airport.

A business and technical cooperation model is proposed under which a potential investor would buy the management rights and paid the lease amount in advance.

In this manner, the airport remains in Serbia's ownership and generates a serious income, Blic said, adding that five or six big global companies are interested in this kind of cooperation.

When it comes to former public enterprises, the majority of which became the burden of the government after failing privatizations, the ruling coalition leaders outlined the dynamics of closures or sales of these companies.

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