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The Government of the Republic of Serbia

In the service of citizens

State is doing everything to help citizens with lowest income

Belgrade, 12 September 2023

Prime Minister Ana Brnabic stated that, in addition to the 20 selected foodstuffs and products that will be available at a significantly cheaper, limited price from tomorrow in all food chains, the government is thinking about other ways to help citizens with the lowest income.

Brnabic announced in a statement for Radio and Television of Serbia (RTS) that she will discuss this topic with Minister of Domestic and Foreign Trade Tomislav Momirovic and representatives of the Serbian Chamber of Commerce.

The Prime Minister said that according to the latest data, inflation reached 11.5 percent, which is slightly better than what the National Bank of Serbia expected.

She especially welcomed the adoption of the decision of the National Bank of Serbia on the limitation of the interest rate for housing loans with a variable interest rate used by natural persons.

The Prime Minister emphasised that we still have real wage growth, not nominal growth, explaining that wages and pensions are currently growing faster than inflation.

Brnabic noted that during her visit to the Republic of Korea, she spoke with the officials there about the free trade agreement between that country and Serbia and added that she expects meetings at the end of the year, and the signing of the mentioned agreement as early as next year.

When it comes to the upcoming talks in Brussels between the delegations of Belgrade and Pristina, the Prime Minister assessed that they will be difficult.

According to her, Pristina clearly still has no intention of implementing what was agreed, referring to the Brussels Agreement and the formation of the Community of Serb Municipalities.

The implementation of the Brussels Agreement and the formation of the Community of Serb Municipalities are necessary, added Brnabic and emphasised that until now we could only see additional escalation.