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Serbia’s GDP fell by about one percent

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The Minister of Finance, Sinisa Mali, stated today that Serbia had a fall in GDP of about one percent in 2020, that the exact figure will be known only when all the results are collected, but that we will certainly have the best result in Europe.
Answering questions from journalists in the government, Mali said that the guarantee scheme provided by the American International Finance Corporation (DFC) will be aimed at supporting micro, small and medium enterprises, which are the basis of development in every country.
“The existing guarantee scheme implemented by our state saved hundreds of thousands of jobs, 23,000 companies used that scheme in which the state shells for loans from commercial banks, which is why so many loans for the economy were approved,” said Mali.
He says that DFC will provide another billion dollars for a guarantee scheme that will be not only for liquidity to Serbian companies, but also for new investments and technologies, which will contribute to the further development of Serbia.
The Minister reminded that the unemployment rate in the third quarter of last year was nine percent, which shows that jobs were saved, as well as the production capacities of our economy.
Mali said that, as promised, the state will bring a new package of measures for additional support to the Serbian economy and the most endangered sectors in a couple of weeks, ie by Sretenje on February 15.
“The state paid everything on time. It did not stop any of its investments and by the end of the year we will have a total of six highways under construction. This month, the minimum wage, salaries, pensions have increased, mass vaccination has begun… So which country in Europe is all that?” Mali asked.
It is a picture of a different and more successful Serbia that knows how to deal with the crisis, Mali emphasized.
He points out that the public finances of our country are completely stable, that the public debt is under control and that the state has money.
“The interstate agreement signed today with the US Government is a great signal – come and invest in Serbia. We are fighting for jobs and, accordingly, for a higher standard of living for the citizens,” Mali emphasized.
He adds that Serbia avoided the blackest scenario that hit many western countries when a large number of people lost their jobs due to the corona crisis.
“The most important thing is mass vaccination, that is the key thing for economic development,” Mali said, Dnevnik reports.

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