Serbia has achieved good results on economic growth and budget revenues, but is lagging behind in down-sizing the public sector and reforming public enterprises, Serbian Prime Minister Aleksandar Vucic said on Tuesday.
Vucic met with an IMF delegation, led by James Roaf, to discuss the steps taken to implement the arrangement within preparations for a review in June, after the formation of a new government.
“Big and difficult tasks lie ahead, concerning structural reforms which are crucial. Fiscal results are good, revenues are rising owing to economic growth and I believe the IMF’s next assessment will be 2.3. We have discussed the cases of (copper smelter) RTB Bor, coal miner Resavica, on which he hold quite different views,” Vucic told the public service broadcaster RTS.
The prime minister said the IMF would change Serbia’s 2016 economic growth forecast from 1.8 to 2.3 percent, with the expectation for 2017 at around four percent, the highest figure in Europe.
Source; SerbGov
