Serbia’s Finance Minister Siniša Mali announced plans for the country’s average pension and minimum wage to reach €650 and the average salary to reach €1,400 by early 2028. Currently, the average pension is around €436 (rising to €485 after December’s 12.2% increase), the minimum wage is about €460 (expected to surpass €500 in October), and the average salary ranges between €900–€1,000 gross.
Economists warn that achieving these targets requires strong economic growth, controlled inflation, and a healthy budget, as higher wages and pensions increase government spending and depend on exchange rate stability. While appealing to citizens, doubts remain whether these projections are realistic or politically motivated promises.
