Serbia’s GDP growth supported by capital investments despite challenges

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At a recent meeting of the Council for GDP Growth, it was emphasized that the implementation of capital investments and projects in key sectors important for GDP is progressing according to plan, despite challenges and global trends beyond the domestic market.

The Serbian government announced that Prime Minister Đuro Macut chaired the session, where the economic situation in sectors directly influencing GDP growth was analyzed. The GDP growth for this year is expected to exceed three percent, according to Beta news agency.

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Council members reported growth in agriculture, employment, and industry during April, alongside a decrease in inflation rates. However, certain challenges were identified in retail trade, food production, and the number of tourist arrivals and overnight stays.

Prime Minister Macut announced the formation of a working group tasked with preparing a list of 20 priority projects whose implementation will directly impact GDP growth ahead of the next council meeting.

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