The previous year brought new challenges to society and the economy, but the responsible economic policy of Serbia, low inflation and a stable financial system enabled a timely and adequate response to those challenges, is one of the conclusions of the regional online conference “Money Fair 21″.
Among others, the Governor of the National Bank of Serbia (NBS), Jorgovanka Tabakovic, spoke at the conference, estimating that Serbia will recover from the consequences of the corona virus pandemic this year.
According to her, Serbia has already reached or exceeded the pre-crisis level in many areas of the economy, in industry, export of goods, retail trade, as well as in the number of employees.
She says that immediately after the appearance of the unprecedented global crisis last year, the state brought a large package of economic measures worth close to 13 percent of GDP, in support of the Serbian economy.
– We have preserved access to financial sources of funds, as well as even more favorable financial conditions. In this way, we supported domestic demand and preserved stability in the moments when global pessimism was most pronounced. The size of the package, good moderation of measures, but also the speed of reaction played a key role in preventing the negative effects of the pandemic from spilling over to the labor market and all other aspects of life and work,” Tabakovic pointed out.
At the conference, the Secretary General of the Association of Serbian Banks, Vladimir Vasic, emphasized the importance of communication with clients, the public, and especially the quick reaction and response to clients’ requests in the conditions of the Covid crisis.
He sees the role of the association precisely in helping banks in digitalization, education and communication with clients and the general public, Novosti reports.
