Vujovic: Growth in 2018 could exceed 3.5%

Minister of Finance Dusan Vujovic has said that he expected an economic growth in Serbia to range between 3% and 3.5% in 2018, and added that it could be even bigger, due to, as he says, the expected above average production in the agricultural and energy sector.

Vujovic said on the margins of the Euromoney conference in Vienna that those were the cyclical factors that had gone “against us” in 2017, reducing the growth of the GDP.

In the long term, the minister says that a further economic growth depended on Serbia’s ability to complete the initiated institutional reforms, attract big investors and complete the cleaning of the financial sector, in order to be ready to finance good investment projects.

The minister underlined that it was even more important that many countries had turned to digital economy as the key element for expediting the development, productivity and growth.

(eKapija, 16.01.2018)

This post is also available in: Italiano

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