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)

A small favour

Since 2013, Serbian Monitor has been offering to its readers carefully selected news about the Republic of Serbia, as a daily commitment stemming from the genuine desire to offer undistorted information about a country that is too often a victim of prejudice and superficiality. From November 2016, this service is available in English and Italian with a growing number of original articles with a goal of providing a complete picture of this Balkan country's economy, politics, culture and society.Our archive is completely free of charge, available to anyone who wants to get to know the country, to study its specific aspects, or to be constantly updated about it.This project will only be able to continue with the help of readers on whom we are calling to provide a small financial support so that we can continue supplying an increasingly expanding pool of information and original contributions.If you appreciate our work, please click on the button below.

Share this post

scroll to top
More in Aleksandar Vucic, economy, GDP growth
Economic Summit in Belgrade: Development and global challenges
Roadmap to EU: Economic Summit in Belgrade, 17th -18th October