"Savings in public sector, no salary cuts"
ČAČAK -- Minister of Finance and Economy Mlađan Dinkić says that economic measures have been adjusted at the meeting of the ruling coalition on Tuesday.
They will entail savings in the public sector in order to encourage economy and the private sector, he told reporters in Čačak, central Serbia.
The work of the public sector will be limited by the budget in the next year and a half, but there would be no salary cuts, Dinkić said.
According to him, there is a special Action plan on grounds of which the law on rationalisation of the number of employees in the public sector would be adopted in autumn so that the public sector would be adjusted to the economy's real needs.
Serbia is facing serious structural reforms and assistance would be provided to all those who create conditions for opening of new jobs, the finance minister said.
According to him, amendments should be adopted in the case of two laws, the Law on Planning and Construction which will remove bureaucratic obstacles for issuing construction permits, and the Law on Labour which should be more flexible and employees in public administration should not be protected as much as they are now and they should be treated equally as the employees in the private sector.
Dinkić announced that talks will be organised with trade unions and employers' representatives with a view to achieving a general social consensus on economic measures.
What has been done so far is enough for the time being but Serbia needs faster economic development of two to three percent so that the life of citizens could be better, Dinkić said.
Business & Economy
June 11, 2013 | 10:54 | Source: Tanjug | Comments: (3) | Send comment
BELGRADE -- National Bank of Serbia (NBS) Governor Jorgovanka Tabaković says "negative opinions" have caused the Serbian dinar (RSD) to lose value against the euro (EUR).
June 10, 2013 | 13:48 | Source: Tanjug | Comments: (2) | Send comment
BELGRADE -- Serbia is not going to face a Greek crisis scenario, Loup Brefort, World Bank's (WB) country manager for Serbia, has said.
June 10, 2013 | 11:19 | Source: Tanjug, Večernje novosti | Comments: (1) | Send comment
BELGRADE -- Finance and Economy Minister Mlađan Dinkić has said that an economic measures package agreed between the ruling coalition partners is "made up of three parts."
June 10, 2013 | 09:21 | Source: Beta | Comments: (0) | Send comment
BELGRADE -- The government is determined to cut the fiscal deficit relative to last year, leaders of the ruling coalition have agreed, Beta news agency is reporting.
June 7, 2013 | 16:08 | Source: Beta, Tanjug | Comments: (4) | Send comment
BELGRADE -- The U.S.-based unit of Canada's Valeant Pharmaceuticals International has abandoned the privatization of Serbia's state-run pharmaceutical company Galenika.
June 6, 2013 | 13:13 | Source: Tanjug | Comments: (0) | Send comment
BELGRADE -- At its meeting on Thursday, the National Bank of Serbia's (NBS) Executive Board decided to cut the key policy rate by 0.25 percentage points to 11%.
June 5, 2013 | 16:55 | Source: Tanjug | Comments: (0) | Send comment
Zaječar -- Minister of Finance and Economy Mlađan Dinkić said Wednesday that a set of anti-crisis measures to be taken "do not imply cuts in salaries and pensions."
June 5, 2013 | 11:08 | Source: Blic, Tanjug | Comments: (0) | Send comment
BELGRADE -- Reports about Serbia's possible bankruptcy have affected the exchange rate of the dinar (RSD), and are the main reason behind Tuesday's low point.