March 16 (SeeNews) - The International Monetary Fund (IMF) supports the plans of the Serbian government for an increase of pensions and wages in the public sector, given the excellent economic results since the start of 2018, the Serbian president's office said on Friday.
Serbian president Aleksandar Vucic and IMF representatives agreed at a meeting on Friday that there is enough space in the budget for an increase of wages and pensions, the president's office said in a statement.
"We wish to maintain the stability of public finances and the entire economy and, more importantly, achieve higher growth of the gross domestic product," Vucic said during a meeting with the visiting IMF team led by James Roaf.
Vucic and Roaf also discussed elimination of para-fiscal charges as a way to make it easier to do business in Serbia and reduction of income taxes as a measure for encouraging employment in the private sector.