Serbia's FinMin proposes minimum wage near EUR 300 mark

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Serbian Finance Minister Siniša Mali said on Friday his ministry had proposed a minimum monthly wage of RSD 35,012 (EUR 297) for next year, state news agency Tanjug reported.

Speaking to reporters after a meeting of the Collegium of the Social Economic Council on the minimum wage, Mali said the ministry had also proposed facilities for employers including a non-taxable portion of the minimum wage of RSD 19,300, up from the present 18,300.

In addition, the ministry proposed a 0.5% reduction of pension and disability insurance contributions, he said. Mali said the ministry had proposed a 9.4% increase of the 2022 minimum wage from the present RSD 32,000 to 35,012. He said the minimum wage was approaching the EUR 300 mark.

Talks on the minimum wage will be continued at a Social Economic Council session scheduled for September 2.

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