politics

April 29, 2026

MALI DESTROYS NIKEZIĆ! 'You Left Devastation, Now You're Lecturing!'

Minister of Finance Siniša Mali responded to Dušan Nikezić, highlighting the differences in Serbia's borrowing then and now, with sharp criticism of the former government.

MALI DESTROYS NIKEZIĆ! 'You Left Devastation, Now You're Lecturing!'

TL;DR

  • Minister of Finance Siniša Mali responded to Dušan Nikezić's statements on borrowing and financial policy.
  • Mali accused Nikezić and his associates of leaving Serbia in debt and economic ruin.
  • He stated that Serbia now borrows at significantly lower interest rates compared to the past (e.g., up to 10% previously vs. more than double favorable conditions now).
  • Mali recalled a 2011 bond issuance of $2 billion at 7.25% interest as an example of past expensive debt.
  • He contrasted the past government's empty coffers (8 billion dinars) with the current budget reserves (261 billion dinars).
  • Mali emphasized Serbia's current stable fiscal position with a public debt of 44.5% of GDP, below the Eurozone average.
  • He asserted that current reforms and responsible policy have led to improved investment ratings and support from institutions like the IMF, unlike the past when the IMF left Serbia.
  • Mali concluded that citizens see Serbia moving forward under the current leadership.

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