The IMF predicts a three percent drop in Serbia’s GDP.
Milovan Jovanovic, a journalist and political analyst, says that the scale of the economic crisis in the region will be greatly influenced by the economic situation in the EU countries, which are the most important economic partners of the Balkan countries.
– In that context, we should look at the events in Germany and Italy first of all – he said. Jovanovic says that our region was faced with accumulated problems even before the pandemic.
Large budget and foreign trade deficits, unemployment, corruption, crime, poverty and the mass exodus of people will further deepen the crisis. In a conversation with Slovenian DELO, journalist and political analyst Milovan Jovanovic expects that Serbia will achieve the smallest drop in GDP in the region, but also in Europe, due to stable economic indicators and successful anti-crisis measures implemented by Serbian President Aleksandar Vucic.
According to the IMF forecasts, Serbia’s GDP is expected to fall by about 3 percent, Jovanovic concludes, Srbija Danas reports.
