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Serbia to subsidize citizens returning from abroad, president says

Serbia to subsidize citizens returning from abroad, president says

From N1 Serbia · () Serbian

Translated from Serbian, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • Serbia's President Aleksandar Vučić announced subsidies for citizens returning from abroad.
  • The program aims to encourage skilled individuals and families to return and contribute to the country's development.
  • Vučić also pledged to protect jobs at the Morava thermal power plant despite international pressure to close it.

President Aleksandar Vučić of Serbia has announced a new government initiative to provide subsidies for citizens returning from abroad. The program aims to incentivize Serbians living overseas to come back and contribute to their homeland's progress, with Vučić noting that while retirees are a significant group returning, younger families are also part of the trend.

Speaking during a visit to the Regional Training Center for Dual Lifelong Education in Svilajnac, Vučić emphasized the importance of retaining talent and skills within Serbia. The initiative is part of a broader effort to encourage national pride and development through the return of its diaspora.

In a separate but related announcement, Vučić also addressed concerns about the future of the Morava thermal power plant. He assured workers that their jobs would be protected, stating his commitment to preventing its closure despite external pressures, including from the World Bank and IMF, which he claims are pushing for its shutdown. Vučić asserted that the plant is vital for the livelihoods of its employees and their families, and he will resist calls for its closure.

DistantNews Editorial

Originally published by N1 Serbia in Serbian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.