economy
"The Question Is How All of This Will Be Financed": What Will Be in Vučić's 'Serbia 2035' Program?
A new economic and investment program for the period up to 2030, and even up to 2035, will be presented to citizens in March, Serbian President Aleksandar Vučić recently announced.
TL;DR
- A new economic and investment program for Serbia, extending to 2030 or 2035, will be presented in March.
- This program is a continuation of 'Serbia 2025' and 'Skok u budućnost – EXPO 2027', addressing previously unstarted or delayed infrastructure projects like the Belgrade Metro and the Moravian Corridor.
- Key new focuses include investments in water and sewage networks, artificial intelligence, data centers, and nuclear energy, alongside renewable energy projects.
- While past programs saw increases in average salaries and pensions, economists point to inflation as a significant factor, questioning the funding sources for the new ambitious plans due to high national debt.
- Experts like Milan Kovačević and Veljko Mijušković emphasize the need for fundamental economic and financial reforms, fiscal discipline, and a focus on sectors in decline, rather than solely on infrastructure development.