Serbia is receiving good news again – this time from the Vienna Institute for International Economic Studies (WIIW), whose summer forecast projects Serbia’s economic growth to reach 3.6 pct in 2022, says Finance Minister Sinisa Mali.

In an Instagram post, Mali wrote that this was a recognition of Serbia’s excellent economic results that indicated that the country had a stable and strong economy.

“Their forecast for the region is 2.9 pct growth, but with further development of the Open Balkan initiative, growth across the region will be even higher. The initiative is hugely significant for our country because it will connect us with other member states into what will almost be a single economic zone,” Mali noted.

Despite the global economic crisis, Serbia’s macroeconomic figures are very good, as reflected in the level of economic growth, as well as the jobless rate, which is at the pre-pandemic level, and a debt-to-GDP ratio of 53.2 pct, far below the required Maastricht level, Mali said.

“Serbia is pushing forward strongly and we are doing everything to ensure the challenges and the consequences in the form of inflation and the energy crisis are felt by the citizens as little as possible,” Mali added.