Finance minister: IMF says Serbia will have fastest growth in region

„The IMF and World Bank are predicting that the Serbian economy will have the fastest growth in the region over the next four years,“ the minister said, adding that the IMF also predicted that the economy will have a growth rate of at least 3.5 percent this year.

Mali said that GDP per capita stood at 7,200 Dollars in 2018 and is predicted to reach 10,400 Dollars in 2023. „The next biggest challenge for the Serbian government is to secure an attractive market which is going to be done by maintaining macro-economic stability and completing fiscal consolidation,“ he said.

Capital investments will stand at 220 billion Dinars (1 Euro – 118 Dinars) this year with a possible rise to 250 billion next year, the finance minister said and added that the focus will be on economic growth with expected reductions in tax burdens for employers.

Mali said that an invitation for offers to privatize the government‘s 42 percent share in the Komercijalna Bank will be published by June.