"Salvaging jobs main priority"

Labor Minister Rasim Ljajić says his ministry's main priority is to sustain the current level of employment in the country.

Izvor: Politika

Sunday, 18.01.2009.

19:13

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Labor Minister Rasim Ljajic says his ministry's main priority is to sustain the current level of employment in the country. "The state will help those companies that have secured a market for themselves, incentive loans will be approved in order to spur exports and production," he told Politika newspaper, adding that some RSD 40bn has been set aside for this purpose so far. "Salvaging jobs main priority" "Another 19bn will go toward assistance to small and medium enterprises via the Development Fund, in other words, to those companies employing and creating new jobs. We will monitor the effects of the crisis and in parallel undertake appropriate measures." Ljajic also spoke about workers expected to lose jobs, and singled out metal processing, textile and chemical industries, along with the construction sector, as being critical. "I would not speak about figures, nor do I wish to create unnecessary panic ahead of time. Of course, it is wrong to stick one's head in the sand and claim that none of it will happen, since we already have layoffs explained by the world financial crisis, even when those effects were realistically not present," the minister said. "We have the neighboring countries' experiences: Bulgaria expects that 50,000 people will be sacked, 29,000 in Hungary. I cannot speak about those figures in Serbia since we have no relevant data at this point, nor information that might help us predict how many people will be let go," Ljajic concluded.

"Salvaging jobs main priority"

"Another 19bn will go toward assistance to small and medium enterprises via the Development Fund, in other words, to those companies employing and creating new jobs. We will monitor the effects of the crisis and in parallel undertake appropriate measures."

Ljajić also spoke about workers expected to lose jobs, and singled out metal processing, textile and chemical industries, along with the construction sector, as being critical.

"I would not speak about figures, nor do I wish to create unnecessary panic ahead of time. Of course, it is wrong to stick one's head in the sand and claim that none of it will happen, since we already have layoffs explained by the world financial crisis, even when those effects were realistically not present," the minister said.

"We have the neighboring countries' experiences: Bulgaria expects that 50,000 people will be sacked, 29,000 in Hungary. I cannot speak about those figures in Serbia since we have no relevant data at this point, nor information that might help us predict how many people will be let go," Ljajić concluded.

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