BELGRADE – Serbia expects to see GDP growth this year, says finance minister

Serbia expects to see GDP growth this year, says finance minister. Serbia’s Finance Minister Sinisa Mali told a press conference on Wednesday (6 May) that his country’s finances were stable, as it has been preparing for a worse global scenario than predicted, and he even expects Serbia to report a growing GDP rate this year. EURACTIV Serbia reports.

“Our projection is always far more conservative than our expectation. We have relaunched the national economy sooner than we expected, and we can hope for better results,” Mali said, adding that the public debt, too, was under control.

The minister forecast the public debt to be 58.4% of the country’s GDP by the end of the year.

Mali also promised that flag carrier Air Serbia, in which the UAE’s Etihad owns a minority share, would receive state aid but noted that the scope and structure of assistance hadn’t yet been determined.

The minister also said that as of Thursday (7 May), a state-financed minimum salary would be paid out to 1.055 million workers from 232,000 companies that had requested such assistance.

(EURACTIV.rs  betabriefing.com)

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