"Pensions and salaries increase won't be symbolic"

Most of the savings are coming from the Government's failure to make planned capital expenditures, which are needed to improve competitiveness and stimulate the economy. From January to May only 24.5 billion RSD was spent; spending of 35 billion RSD was planned - almost a third less. The problem is inefficient public investment management and planning. The Fiscal Council's report explains in detail: http://www.fiskalnisavet.rs/doc/eng/fiscal%20consolidation%20in%202015%20and%20main%20challenges%20for%20reforms%20summary.pdf.

Most of the savings are coming from the Government's failure to make planned capital expenditures, which are needed to improve competitiveness and stimulate the economy. From January to May only 24.5 billion RSD was spent; spending of 35 billion RSD was planned - almost a third less. The problem is inefficient public investment management and planning. The Fiscal Council's report explains in detail: http://www.fiskalnisavet.rs/doc/eng/fiscal%20consolidation%20in%202015%20and%20main%20challenges%20for%20reforms%20summary.pdf.