Serbian "New deal": New plan for stronger Serbia
It presents a significant change to every individual in our country.
Significant investments in developmental projects will contribute to all parts of our country. In addition to investments in roads, highways, hospitals, and schools, the ambitious plan set forth by the president until 2027 will further drive economic growth. Elevating our nation to a higher level, even in the challenging circumstances that have affected the entire world, first due to the COVID-19 epidemic and later due to the conflict in Ukraine, Serbia will secure a stable position in the region, Europe, and the world through investments and its dedication.
The progressive ideas of President Vui will lead to a further reduction in the unemployment rate and an increase in the standard of living for all citizens of Serbia, both the younger and older populations. According to the president's announcement, these investments will not only sustain the growth of wages and pensions but also ensure an even more secure future for our citizens. What was the American "New Deal"?
The American "New Deal," also known as the New Deal, was a national program initiated by President Franklin Roosevelt and implemented from 1933 to 1938. Its objective was to provide economic relief from the severe impacts of the Great Depression, a global economic collapse. The program involved public works projects funded by the government, providing favorable loans to farmers and bankers, as well as state control over the economy — especially price controls.
Roosevelt introduced a series of economic and social measures to combat poverty and unemployment and to establish an effective social safety net. The Works Progress Administration became a key institution that offered employment instead of direct...
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