Vucic on presidential elections, foreign policy and economic growth

In an interview for Happy TV, Serbian PM Aleksandar Vucic spoke about a wide variety of political and economic topics, including the upcoming presidential election in Serbia.

He said that he was certain that there would be many presidential candidates because quite a few people thought they were fit to be a president.

Speaking about the EU integration process, the PM said that that best way for Serbia was the one towards the EU and that the country should continue maintaining good relations with Russia, China and the U.S. He went on to say that we could see that a new balance of power was being created in the world and that Serbian foreign policy is well thought-out and responsible. “Serbia is too small to stand up to the world elite, but we did manage to build good relations with China”, Vucic underlined and added that Serbia had also managed to maintain good relations with Russia despite the fact that many countries could not understand the nature of the Serbian-Russian relations.

Lower income tax in the second half of 2017

Vucic announced that the government would reduce income tax and contributions, as well as other tax, in the second half of 2017 with the goal of further boosting economic growth.

“We want to raise the business segment to the highest level possible and we are confident that we will manage to maintain the current level of revenue and possibly even increase it, all with the view of having a bigger economic growth. And, in order to achieve that, we need a tougher tax collecting discipline”, the PM said.

Serbia has the biggest potential for growth in the region

“In 2018, Serbia could achieve the economic growth in the range from 4.5% to even 5% and if I could pick which economy to run out of all the countries in the region, I would pick Serbia’s”, the PM noted.

Furthermore, he said that Serbia had the biggest potential for growth in the region and that, in the following years, the living standard in the country could be likened to that of the more developed EU countries.

“We are not going to get ahead of them in ten years’ time, but we won’t be far off either, like we are today”, the PM concluded.

(Tanjug, 20.11.2016)

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