He finished primary and secondary school in hometown and later graduated from the University of Belgrade Faculty of Economics in 1974.

He led the program of advanced training of the staff of ministries of economy of countries in transition of eastern and southern Europe, the former Soviet Union, China and Vietnam.

[1] He has published a number of papers in international journals and is also a professor for economics at the Singidunum University in Belgrade.

[3] On 16 May, the National Assembly ratified his resignation and Ana Brnabić, at the time Prime Minister of Serbia temporarily took over his duties.

[1] He is one of the richest ministers in the Government of Serbia, having real estates mainly in Washington, D.C., and Belgrade, which have an estimated worth of nearly $3 million.