Since 2020, 15.9 billion euros of foreign direct investments have flowed into Serbia

Since 2020, 15.9 billion euros of foreign direct investments have flowed into Serbia
Since 2020, 15.9 billion euros of foreign direct investments have flowed into Serbia
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Investors, after the visit of the Serbian delegation to Washington on the occasion of the Spring Session of the International Monetary Fund and the World Bank, arrived in Belgrade in order to learn more about all the parameters of the Serbian economy.

“We do not differentiate between domestic and foreign investors. I hope that you will find projects and opportunities in Serbia that will interest you to invest,” said Minister Mali.

He indicated that last year’s Serbian GDP growth was 2.5 percent, 3.8 percent in the last quarter alone, and 5.9 percent in February this year, based on exports and investments, and that the official statistics of the Republic of Serbia show that every economic branch records growth.

Mali repeated the words of the head of the World Bank, Kristalina Georgijeva, spoken recently in Washington, that Serbia deserved the results it is recording, i.e. that it is a “bright spot” of the economy, and pointed out that the praise and recognition of international financial institutions are an incentive for Serbia to continue its economic policy, reforms and development .

“We presented the ‘Serbia 2027’ program, then EXPO, with which Serbia will become the largest construction site in Europe. Around 18 billion euros will be the total investment in all of Serbia in all sectors,” Mali said at the meeting.

The Minister of Finance pointed out that all this will bring further growth, raise the quality of life and the quality of infrastructure, since nine highways and roads are currently being built, and the plan is for the high-speed railway to reach Niš, Macedonia and the Bulgarian border.

“All this attracts investors and gives us the desired results, so we have lowered unemployment from the former 25.9 percent to today’s 9.1 percent, we have record gold reserves and a stable exchange rate,” Mali said.

The minister also pointed out that Serbia has a stable public debt at the level of 47.6 percent of GDP, while the world public debt increased from 84 to 93 percent of GDP in a few years, and the average indebtedness of the Eurozone is 89 percent.

He also pointed out that the budget deficit of the Republic of Serbia is 2.2 percent, despite the initial projections of 3.3 percent, and that even 63 percent of direct foreign investments in the region come to Serbia.

The article is in Serbian

Tags: billion euros foreign direct investments flowed Serbia

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