KRKOBABIC: No freezing of pensions

(Jovan Krkobabic)

Serbian Deputy Prime Minister and Minister of Labor, Employment and Social Policy Jovan Krkobabic stated that pensions were not going to be either reduced or frozen.

- If we took RSD 5,000 away from each of the 1,750,000 pensioners in Serbia, we would somehow manage to fill a budget hole, but that would also lead to a higher mortality rate, and a country where people are not happy is really not much of a country. Therefore, there will be no reduction or freezing of pensions - he said in an interview in the new issue of NIN weekly magazine.

He stressed that another way to fill the budget hole was to implement a good fiscal policy, tax all taxpayers, and eradicate grey economy.