The IMF predicts Serbia’s GDP growth of 3.5 percent this year

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WASHINGTON – The International Monetary Fund predicts growth of the gross domestic product of Serbia of 3.5 percent for this year, and growth of 4.0 percent for 2023.

Serbia’s growth forecast for the current year is lower by 1.0 percentage point compared to the IMF’s projection from October last year, when growth of 4.5 percent is projected, while the forecast for 2023 remained unchanged.

In the new, April Report on the World Economic Outlook, whose presentation is currently underway, the IMF estimates that inflation in our country will amount to 7.7 percent this year, and 4.7 percent next year.

It also predicts an increase in Serbia’s current account deficit to 6.1 percent in 2022, and to 6.7 percent next year.

According to IMF expectations, the unemployment rate in Serbia will be 9.9 percent this year, and will fall to 9.7 percent next year, reports Tanjug.