Serbia to pay 60% of two bottom wages of MSME employees - fin min

Submitted by socpro on Thu, 09/17/2020 - 15:10
measures summary

Serbia's government plans to pay 60% of two monthly salaries to employees of micro,small and medium-sized enterprises (MSMEs) to support the economic recovery after the novel coronavirus (COVID-19) crisis.

The first payment will be made by August 10,while the second will be done in September - about 18,000 dinars ($178/153 euro) per employee for one month.

In May,Serbia's government started the payment of three minimum monthly salaries to employees of MSMEs. The government has also deferred the payment of taxes and contributions worth 29.5 billion dinars combined,which will be paid in 24 instalments as of 2021.

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