Prime Minister Miloš Vučević has emphasized that Serbia has achieved significant economic and political advancements despite ongoing geopolitical challenges. He pointed to the country’s recent investment credit rating as evidence of this progress and noted that a new arrangement with the International Monetary Fund (IMF) would further reassure investors.
In an appearance on RTV, Vučević stated that Serbia is concluding discussions with the IMF next week regarding a new multi-year agreement. “A deal with the IMF would serve as an additional guarantee to all investors that Serbia is an economically and fiscally stable and disciplined country, making it a good destination for investment,” he explained.
He also highlighted the significance of the investment credit rating, particularly for a country like Serbia, which faces unique challenges such as the situation in Kosovo and Metohija and is not a member of the EU or NATO. “Despite these geopolitical tensions, our country has demonstrated such economic and political progress that it cannot be disputed,” Vučević asserted.
Receiving this rating indicates that Serbia is a favorable environment for investors, which translates to lower interest rates, increased foreign investment, GDP growth, and consequently, an upward trend in salaries and pensions.
“This means we are creating conditions for continued growth in wages and pensions in the coming years, which is essential for improving the quality of life for our citizens,” Vučević concluded.
