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Exploring Serbia’s economic landscape

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In an exclusive interview with N1, Pavle Petrović, the President of the Fiscal Council, delved into the pressing issues facing the citizens of Serbia and the crucial factors shaping their future.

According to Petrović, Serbia is currently experiencing a relatively high level of investments. However, he highlighted a significant imbalance, pointing out that while state and foreign direct investments are substantial, the domestic sector lags behind in terms of investment. One major concern he raised is that foreign direct investments predominantly flow into traditional sectors, characterized by a less qualified workforce and relatively low wages.

Petrović emphasized that this existing economic model, which has relied on employing a significant number of unemployed workers, is reaching its limits and cannot be sustained. The interview sheds light on the need for a strategic reassessment of Serbia’s economic policies and the imperative to diversify investments for a sustainable and prosperous future.

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