VUCIC: New economic growth projection soon

Prime Minister Aleksandar Vucic expects  the IMF, the World Bank and the European Union to revise their projection of Serbia’s economic growth from 2.5 to 2.7% in the next few days.

– This means that Serbia will have one of the highest growth rates in the region, despite the fiscal consolidation – Vucic said to the journalists in Nis, following the talks with the ambassadors of the EU countries.

The prime minister also said that he was certain that the GDP growth could exceed 12% in the next three years, i.e. more than 3% each year.

Vucic said that the success in investments and the export, not in consumption, was guaranteed, but that Serbia could expect the growth based on consumption to grow along with the raising of the salaries and pensions.

The prime minister also announced Serbia’s progress towards the top of the World Bank’s Doing Business list, to be published in the coming days.

– This way, we will be able to draw in even more foreign investors – Vucic said and pointed out that Serbia had the highest number of investors out of all the countries of the region.

(eKapija, 17.10.2016)

http://www.ekapija.com/website/en/page/1571841/VUCIC-New-economic-growth-projections-soon-from-2-5-to-2-7

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