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IMF confirms 2016 GDP growth forecast for Serbia

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The International Monetary Fund (IMF) on Tuesday confirmed its 2.5 pct GDP growth forecast for Serbia in 2016, as announced during a June visit to Belgrade by the IMF Mission.

At the annual IMF-World Bank autumn meetings in Washington, the IMF released its latest global economic forecast – the World Economic Outlook (WEO).

The 2017 GDP growth forecast for Serbia has been revised upwards to 2.8 pct.

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In the previous edition of the WEO, released last April, Serbia’s 2017 GDP growth rate had been forecast at 2.3 pct.

The IMF also said Serbia’s unemployment rate would be at 18.6 pct in 2016 and 18.7 pct in 2017.

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