Serbia’s Finance Minister Siniša Mali discussed new economic measures, President Aleksandar Vučić’s visit to China, and plans to raise the minimum wage. He highlighted Serbia’s growing economy, noting Chinese companies employ 40,000 people in the country, and described the Serbia-China relationship as “steel friendship.”
Mali outlined economic policies focused on citizens, aiming for 4.4% GDP growth this year despite prior disruptions. He emphasized that recent measures have reduced grocery bills by an average of 10–20%, particularly by lowering food costs.
Regarding wages and pensions, Mali announced a minimum wage increase from €457 to €500 in December, rising to €550 in January. Pensions will rise by about 12% in December, and the average salary is expected to exceed €1,000 by year-end. He also highlighted record-low unemployment and ongoing factory openings despite global economic challenges.
