SERBIAN PRIME MINISTER MET WITH THE CITY OF NIS MANAGEMENT

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October 14th

Public finances in Nis are not in good shape, Prime Minister Vucic said during a visit to the City Hall in Nis, but he also pointed out that there were a large number of projects whose realization would contribute to Nis becoming more like Belgrade or Sofia and not only the center of the southeast Serbia, but center to the surrounding countries. The Prime Minister pointed out that the City of Nis had a big deficit and reiterated that the Serbian government could help so that the largest part of the funds in the amount of two billion dinars, which had been allocated for the South of Serbia, could be given to Nis. He reminded that in the coming days a contract with the Leoni factory with new 2,200 jobs would be signed, and announced that the Government would also bring investors from the Philippines and Germany, which would put Nis in line with large industrial centers. Also, as he added, the funds would be invested in the IT sector, i.e. in the Technical School and the Faculty of Electronic Engineering, as well as in the construction of a technology park. The government will continue to invest in important state projects, such as Corridor 10, railway relocation, Nis Airport and it will continue to subsidize the arrival of new investors. Nis City Mayor Darko Bulatovis said that all remarks and suggestions made by PM would be respected and that the budget proposal would be forwarded to the Government of Serbia for opinions and suggestions

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