Prime Minister Ana Brnabic met on Thursday in Belgrade with Head of the IMF mission James Roaf, the Serbian government has announced.
Source: srbija.gov.rs
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Ana Brnabic and James Roaf (Tanjug)
The meeting was also attended by Minister of Finance Sinisa Mali.
Brnabic and Roaf discussed the results to date within the framework of the program and concluded that quite a lot has been done in terms of achieving the goals set.
They especially pointed out that in 2018 Serbia recorded excellent macro economic results, and that further implementation of the arrangement with the IMF will additionally contribute to that.
In the previous year, GDP growth was 4.4 percent, a surplus of RSD 32.2 billion was recorded and the public debt currently stands at around 50 percent of GDP.
Roaf pointed out that the IMF kept its GDP growth projection for Serbia at 3.5 percent for 2019, and that it hopes that the regional and global economic situation, and above all the slowdown of some of the leading European economies, will not affect this outcome.
The Prime Minister stressed that Serbia is making efforts to strengthen IT and service sectors, research, development and innovation, along with the suppression of the grey economy and that all this together can greatly contribute to the growth of the Serbian economy.
The concrete plans for 2019 and 2020 and continued implementation of structural reforms were also examined at the meeting.
The new arrangement The Policy Coordination Instrument (PCI) will last until January 2021 and does not involve financial support, but rather is of purely advisory character.
The IMF mission will stay in Belgrade until February 5.
What is that like $ 32,200 US and if a another Mc Donald's or a Chinese noodle house opens up Serbia's economy will double at least.
(Lenard, 1 February 2019 19:25)
Better than 80% GDP per Capital Debt in Croatia and not much higher average wages. Relying on tourism to drive your economy will only go so far, look at Greece.
(Jugoslavija, 4 February 2019 17:03)
If it's so great then why are so many serbs migrating to the west? Oh wait! Because serbia is a sh*thole no matter what. Nice to know. Goodluck becoming the next Germany(add sarcasm in)
(EthnicAlbania, 3 February 2019 03:40)
"In the previous year, GDP growth was 4.4 percent, a surplus of RSD 32.2 billion was recorded and the public debt currently stands at around 50 percent of GDP"
Keep driving that public debt down which is amazing given the amount of investments that are coming into the country.
(Jugoslavija, 1 February 2019 16:57) What is that like $ 32,200 US and if a another Mc Donald's or a Chinese noodle house opens up Serbia's economy will double at least.
(Lenard, 1 February 2019 19:25)
"In the previous year, GDP growth was 4.4 percent, a surplus of RSD 32.2 billion was recorded and the public debt currently stands at around 50 percent of GDP"
Keep driving that public debt down which is amazing given the amount of investments that are coming into the country.
(Jugoslavija, 1 February 2019 16:57)
"In the previous year, GDP growth was 4.4 percent, a surplus of RSD 32.2 billion was recorded and the public debt currently stands at around 50 percent of GDP"
Keep driving that public debt down which is amazing given the amount of investments that are coming into the country.
(Jugoslavija, 1 February 2019 16:57)
What is that like $ 32,200 US and if a another Mc Donald's or a Chinese noodle house opens up Serbia's economy will double at least.
(Lenard, 1 February 2019 19:25)
Better than 80% GDP per Capital Debt in Croatia and not much higher average wages. Relying on tourism to drive your economy will only go so far, look at Greece.
(Jugoslavija, 4 February 2019 17:03)
"In the previous year, GDP growth was 4.4 percent, a surplus of RSD 32.2 billion was recorded and the public debt currently stands at around 50 percent of GDP"
Keep driving that public debt down which is amazing given the amount of investments that are coming into the country.
(Jugoslavija, 1 February 2019 16:57) What is that like $ 32,200 US and if a another Mc Donald's or a Chinese noodle house opens up Serbia's economy will double at least.
(Lenard, 1 February 2019 19:25)
If it's so great then why are so many serbs migrating to the west? Oh wait! Because serbia is a sh*thole no matter what. Nice to know. Goodluck becoming the next Germany(add sarcasm in)
(EthnicAlbania, 3 February 2019 03:40)
"In the previous year, GDP growth was 4.4 percent, a surplus of RSD 32.2 billion was recorded and the public debt currently stands at around 50 percent of GDP"
Keep driving that public debt down which is amazing given the amount of investments that are coming into the country.
(Jugoslavija, 1 February 2019 16:57) What is that like $ 32,200 US and if a another Mc Donald's or a Chinese noodle house opens up Serbia's economy will double at least.
(Lenard, 1 February 2019 19:25)
If it's so great then why are so many serbs migrating to the west? Oh wait! Because serbia is a sh*thole no matter what. Nice to know. Goodluck becoming the next Germany(add sarcasm in)
(EthnicAlbania, 3 February 2019 03:40)
"In the previous year, GDP growth was 4.4 percent, a surplus of RSD 32.2 billion was recorded and the public debt currently stands at around 50 percent of GDP"
Keep driving that public debt down which is amazing given the amount of investments that are coming into the country.
(Jugoslavija, 1 February 2019 16:57)
What is that like $ 32,200 US and if a another Mc Donald's or a Chinese noodle house opens up Serbia's economy will double at least.
(Lenard, 1 February 2019 19:25)
Better than 80% GDP per Capital Debt in Croatia and not much higher average wages. Relying on tourism to drive your economy will only go so far, look at Greece.
(Jugoslavija, 4 February 2019 17:03)