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Serbia's Central Bank challenges government cuts

Serbia's Central Bank challenges government cuts

Serbia's National Bank said Tuesday that is has challenged government-imposed salary slashing at the Constitutional Court.
The bank said in a statement posted on its Web site that government measures jeopardize the independence of the central bank which is guaranteed by the constitution.
Government officials have rejected the criticism.
Reduction of salaries in all state institutions is part of austerity plan agreed with the International Monetary Fund for a


Updated : 2021-02-25 16:32 GMT+08:00