[1] Labus was the Deputy Prime Minister of Serbia from March 2004, serving under PM Vojislav Koštunica.
[2] Labus was born in Mala Krsna, near Smederevo, PR Serbia, FPR Yugoslavia.
[3] Labus was a senior adviser at the Federal Statistics Bureau (Savezni zavod za statistiku) in Belgrade between 1986 and 1994.
Already politically involved as a macroeconomic policy adviser to SFR Yugoslavia's federal government, he joined the recently established Democratic Party (DS) in 1990.
At this time, the G17 Plus movement was a lobby group focused on encouraging economic reforms within Serbia.
Labus continued working with G17 Plus and, in late 2002, he began transforming the lobby group into a full-fledged centrist political party, becoming its President.