Finance Minister Siniša Mali stated that the International Monetary Fund (IMF) praised Serbia for “holding up well” despite the ongoing political crisis and protest roadblocks, though the country will see lower GDP growth this year. Speaking on TV Prva, Mali emphasized that while growth will be reduced, Serbia has maintained economic stability and sufficient reserves to face future challenges or crises.
Mali noted that value-added tax (VAT) collection, a major source of state revenue, is significantly below projections, partly due to fewer tourists and reduced activity in hotels and catering, attributing this to disruptions caused by protests.
He stressed that tourist blockades discourage visitors and spending, calling the reduced consumption a rational response to the situation.
Highlighting the importance of IMF’s positive evaluations, Mali mentioned upcoming credit rating assessments from agencies in August and September. Serbia has already been recognized as a developed, safe investment destination by one agency and is awaiting similar ratings from two others, which would improve investment attractiveness.
Mali also announced that Serbia secured confirmation from the 117th country to participate in Expo 2027, making it the largest specialized exhibition since Astana 2017. The government aims to have 130 participants.
Finally, Mali pointed out that Serbia built 609 kilometers of highways and expressways in the last 12 years—more than the total constructed between 1945 and 2012—underlining infrastructure progress as vital for showcasing the country internationally.
