 After the 2014 election in Belgrade, Mali was elected as a Mayor on the proposal of the winning Serbian Progressive Party.From the very first moment of his appointment in 2014, Mali initiated a comprehensive financial consolidation program in order to achieve sustainable fiscal stabilisation.During his tenure as the Mayor of Belgrade, Mali managed to halve the debt of the city of Belgrade, which in 2014 amounted to 1.2 billion euros, and to reduce the budget deficit by four times.