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Home›Serbian loans›A reward of 3,000 dinars for each person vaccinated will cost the Serbian budget dearly

A reward of 3,000 dinars for each person vaccinated will cost the Serbian budget dearly

By Corey Owens
May 7, 2021
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According to economic experts, Serbian public finances will suffer once the announced incentive of 3,000 dinars for citizens who have been vaccinated or who will be vaccinated before May 31 is paid.

In addition to having to take out a new loan to cover these costs, experts believe that the President of the State, Aleksandar Vučić, is thus violating his constitutional powers.

The President of Serbia announced that in addition to the financial assistance previously provided to Serbian citizens aged 18 and over, all vaccinated citizens over the age of 16 or having been vaccinated with one or two doses and all those who will be vaccinated with at least one dose by May 31, will receive an additional 3,000 dinars from the state.

“I am shocked that the president is proposing such proposals, considering that he cannot personally dispose of the funds from the budget of Serbia as he wishes. Its constitutional powers, in my interpretation, do not contemplate such a possibility, ”economic expert and former NBS governor Dejan Šoškić stresses and adds that Vučić should not encourage people to get vaccinated with money. , but through education and awareness of the benefits of vaccination.

“This is not a way to spend budgetary funds, which I guess come from the reserves. It is very problematic. As a country, we will have to take additional loans. Our debt to GDP ratio already exceeds 60%, so this is not a good direction for our public debt. Such measures can only burden our country’s public finances, ”ŠoÅ¡kić believes.

Ivana Pavlović from Nova Ekonomija believes that the state will have to borrow this money: “We will probably spend part of the money if there is anything left from the sale of Komercijalna Banka, and then we will have to borrow the rest and pay it back. money sooner or later, ”says Pavlović, wondering if it is wise to give 3,000 to everyone or just to those in financial difficulty.

(Nova, 07.05.2021)

https://nova.rs/vesti/biznis/skupo-ce-nas-kostati-po-3-000-dinara-za-vakcinaciju/

This article is also available in: Italiano

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