Serbian Finance minister denies lowering economic parameter levels

That is nonsense, he told the pro-government TV Pink and added that the budget is realistic and conservative. He said the 74 percent of imports are covered by exports, that a large number of factories had been opened mainly by foreign companies, that inflations stands at around two percent with a strong national currency, a budget surplus and lower unemployment.  

“We have become fully stable and strong economically and the goal now is what to do next. We should continue structural reforms upgrade state-owned companies and the public administration,” he said.  

The finance minister claims that Serbia is better prepared to deal with a possible global economic crisis than it was before which he said is an indication that the country is on the way to economic recovery.