Serbia cuts public sector salaries and pensions

Salaries in the public sector and pensions above 25 000 dinars (about 200 euro) will be reduced in Serbia following the budget revision adopted by parliament late on Sunday. The budget amendments were approved by 188 members of parliament out of 250. Ten MP’s opposed the changes.

The cuts will affect all public sector stuff including both “direct and indirect” users of the budget as well as those which are employed in the public enterprises. Citizens with “high” pensions will take the brunt of the cuts through a gradual rate of reduction, while 61 per cent of pensioners will not be affected, the government said.

For the full story, please click here.

(The Serbian parliament, Belgrade. Photo: Konrad Zielinski)