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World Bank revises growth forecast for Serbia

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The World Bank has revised upwards by 0.5 pct its 2018 growth projection for Serbia to 3.5 percent.

At the same time, this institution reduced its global growth projection by 0.1 percent to 3.0 percent.

Compared to June, World Bank’s latest Global Economic Prospects report retained its 2019 projection of 3.5 percent growth for Serbia, as well as the 2020 and 2021 projections of 4.0 percent.

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At the same time, the report revises downwards the global growth forecasts for 2019 and 2020 by 0.1 pct to 2.9 percent and 2.8 percent, respectively.

Source; B92

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