Foreign direct investments will reach the value of 2.3 billion euros this year, even when the expected inflow of 400 million euros based on the sale of Komercijalna Banka is excluded, said the governor of the National Bank of Serbia, Jorgovanka Tabakovic.
At the session of the parliamentary Committee for Finance, Republic Budget and Control of Spending of Public Funds dedicated to the discussion on the budget proposal for 2021, Tabakovic emphasized that the inflow of 2.3 billion euros of foreign direct investments is expected, not only when money from sales is excluded Commercial banks, but without the attribution of reinvested earnings.
When it comes to the budget proposal for 2021, Tabakovic said that the central bank agrees with the macroeconomic assumptions used by the Serbian government in drafting the budget, including the projection of gross domestic product growth of six percent, as well as inflation.
“Our projection is that inflation of two percent can be expected in 2021,” said Tabakovic.
She also assessed that the planned increase in salaries in the public sector and pensions is sustainable, reminding that the growth of salaries by five percent and personal consumption of four percent is planned, which is less than the projected GDP growth of six percent.
“Wage growth from 2015 until today is ‘pulled’ by the private sector. Salaries in the private sector in that period increased by a little more than 49 percent, and in the state sector by 28 percent,” said the governor, explaining the sustainability of the salary increase in the next year, BizLife reports
