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Rational finance of Serbia, but also great challenges

The US Mudis Agency published an official periodic analysis of the credit rating of the Serbian capital, stating that “the credit profile of the City of Belgrade (Ba3) reflects its rational fiscal management”.
An official analysis by Mudis Credit Agency states that “the credit profile of the City of Belgrade reflects its rational fiscal management which has resulted in a positive business performance and improved self-financing capacity”.
The rating also reflects “the decline in the City of Belgrade’s debt levels and the ability to cover debt service costs, satisfactory liquidity and a key role in the national economy”.
At the same time, Mudis points to the great need of the City of Belgrade for investments and further reforms of public transport.
Deputy Mayor Goran Vesic emphasized that international financial organizations recognize Belgrade’s efforts as positive and that this enables more and more investments in infrastructure and improvement of living and working conditions for all citizens, N1 reports.