Minister of Finance Sinisa Mali said that the European Commission published the autumn economic forecast for 2021 for the EU and candidate countries, in which it increased the growth projection of Serbia’s gross domestic product to 6.7 percent for 2021, which is a significant improvement in relation to an earlier forecast of 5.3 percent growth.
“For 2022, growth of 4.3 percent of GDP is predicted, which is also an improvement compared to the previous forecast, which predicted growth of four percent,” Mali said.
He pointed out that this is another change in the forecast of economic growth upwards, which comes from relevant international institutions and confirms the success of Serbia.
“We managed to maintain macroeconomic stability during the crisis, primarily thanks to the extensive package of support to the economy and citizens of as much as eight billion euros. We believe that we will grow by more than seven percent, and we forecast growth of 4.5 percent next year,” said Mali.
He reminded that the International Monetary Fund also revised its growth estimate for Serbia in October. The IMF increased its growth forecast from five to six percent in June, and then to 6.5 percent in October this year.
Similar assessments were given by the World Bank. In its autumn report on the world economic outlook, it increased Serbia’s growth forecast for 2021 by one percent to six percent.
“In January this year, the World Bank predicted the growth of Serbia by 3.1 percent, which means that it increased its projection by as much as 2.9 percent,” said Mali, N1 reports.
