Exchange rate will depend on state-NBS relations

Exchange rates depend exlusely of the governments economic and fiscal policy,
they are trying to blame the NBS for their mess.

The Serbian government in the last ten years made catastrophical economic blunders.
We have a slumping industry,almost no export ...

The Serbian “economy” functions basically like that:
Employ as many people in the government as you can and invent bureaucracy as much as possible to justify that(which jokes off private enterpeneurship and industry),
keep indebting yourself to pay for these government "workers"(actually most of them are incompetent and corrupt bumps) and allow each and everything to be imported by this new middle-class which btw destroys our industry even further.

The result: massive trade and account deficits which sooner or later result in the melting of the national currency ,the dinar.

Not to forget the import monopoly by one man(Miskovic and his Delta who pays all ministers off),the selling of banks to foreigners(to Austrians,our big friends!) which credit these imports and help destroying domestic industries and take interests of 20%,abolishment of development banks that subsidize exporters and production companies ,selling of sophisticated production companies to crooks or foreigners.

Everyone sane knows exactly what needs to be done:

1)Lay off government workers maximally and reduce bureaucracy ,spend the money instead on new highways and create a new infrastructure (roads and education facilities)as a base for future growth.

2)Reinstate development banks that will finance exporters and production facilities.

3)Take away all badly privatized production facilities from the crooks ,take over the debts ,inject capital through a public-private partnerships (state-workers of that particular company -investors) which should be used to develop new products which will be competetive on the market and go ahead exporting.

4)Mercilessly crack down on all kind of private (Miskovic and his Delta)and state monopolies(gas ,oil and electricity) by privatizing those companies and setting up a strong and functioning anti cartell agency.

6)Expand the entry age for pension to 67 years for both men and women because of the dire demographic situation which will help keeping the state finances in check.

The goal must be a balanced trade and account structure.

Dear b92 ,I hope you don`t censor this like you did last time.

Exchange rates depend exlusely of the governments economic and fiscal policy,
they are trying to blame the NBS for their mess.

The Serbian government in the last ten years made catastrophical economic blunders.
We have a slumping industry,almost no export ...

The Serbian “economy” functions basically like that:
Employ as many people in the government as you can and invent bureaucracy as much as possible to justify that(which jokes off private enterpeneurship and industry),
keep indebting yourself to pay for these government "workers"(actually most of them are incompetent and corrupt bumps) and allow each and everything to be imported by this new middle-class which btw destroys our industry even further.

The result: massive trade and account deficits which sooner or later result in the melting of the national currency ,the dinar.

Not to forget the import monopoly by one man(Miskovic and his Delta who pays all ministers off),the selling of banks to foreigners(to Austrians,our big friends!) which credit these imports and help destroying domestic industries and take interests of 20%,abolishment of development banks that subsidize exporters and production companies ,selling of sophisticated production companies to crooks or foreigners.

Everyone sane knows exactly what needs to be done:

1)Lay off government workers maximally and reduce bureaucracy ,spend the money instead on new highways and create a new infrastructure (roads and education facilities)as a base for future growth.

2)Reinstate development banks that will finance exporters and production facilities.

3)Take away all badly privatized production facilities from the crooks ,take over the debts ,inject capital through a public-private partnerships (state-workers of that particular company -investors) which should be used to develop new products which will be competetive on the market and go ahead exporting.

4)Mercilessly crack down on all kind of private (Miskovic and his Delta)and state monopolies(gas ,oil and electricity) by privatizing those companies and setting up a strong and functioning anti cartell agency.

6)Expand the entry age for pension to 67 years for both men and women because of the dire demographic situation which will help keeping the state finances in check.

The goal must be a balanced trade and account structure.

Dear b92 ,I hope you don`t censor this like you did last time.