Serbia - Wage increases debated - October 31, 2017

The finance minister said at an economic summit not to expect increased fiscal risks from a planned hike of public sector salaries and pensions. The increase is covered ‘with what has been achieved so far’ - which could be the basis for one-off hikes in 2017, as well as a higher base for growth in 2018. For 2018, the ministry has projected a real growth of 3.5 percent, which, with the planned inflation, creates room for increase in salaries and pensions.

Read on: in English …

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