Djilas: Serbia’s debt has increased by 8 billion in the last six years

President of the Freedom and Justice Party, Dragan Djilas responded to Sinisa Mali’s statements regarding Serbia’s current debt.

“In response to claims that Serbia’s debt has increased dramatically over the past six years, Minister Mali argues that the increase in the country’s debt from 18 to 23 billion euro does not actually mean that the debt is higher. By claiming so, Mali has made a serious contribution to two scientific fields, economics and mathematics, because so far no-one in history has been able to explain that 23 is less than 18,” one of the opposition leaders Dragan Djilas has said.

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Djilas himself claims that Serbia’s debt amounted to €15.29 billion on June 30, 2012, when the Serbian Progressive Party (SNS) came to power. In 2018, it amounted to €23.32 billion, an increase of €8 billion.

“As of August 30, 2019, Serbia’s debt amounted to 24,318,898,046 euros, an increase of one billion over the beginning of the year. These are the official figures of the Ministry of Finance, which Sinisa Mali helms,” Djilas warns.

Djilas also argues that “the statement that new loans are taken to repay old ones is not true, because the budget proposal for 2020 clearly states that Serbia will borrow 7.8 billion for various projects, including for 100 million for the construction of the Nis-Merdare motorway (from EIB, EBRD), 27 million for the gondola on the Kopaonik Mountain, 54 million for the Tirsova Maternity Hospital, etc. As for the claims that the city of Belgrade’s debt in 2013, when the SNS came to power and I stepped down as Belgrade mayor, amounted to 1.2 billion, they are absolutely false,” he concluded.

(Blic, 21.11.2019)

This post is also available in: Italiano

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