Unlike some other countries, Serbia has undertaken some tough measures in a timely manner, positioning itself as a stable country, says Serbian Prime Minister Aleksandar Vucic.
Over the course of the first two days of the World Economic Forum in Davos, economic and political issues were intertwined, but politics dominated this year, he said.
“I see that politics is much more dominant than last year – the migrant crisis, the Middle East, the relations between two powers – Russia and Turkey – the decline of the ruble, the slowdown of the Chinese economy,” Vucic told the RTS in Davos Thursday.
However, Serbia has undertaken some tough measures that other countries have not and will have higher-than-expected growth as a result, Vucic said.
“The IMF and the World Bank are anticipating 1.75 percent, we are anticipating at least 2 percent in 2016 and we will try to take it over 2 or 3 percent in 2017. That is dynamic growth,” Vucic said.
The EBRD sees Serbia as the largest economy in the Western Balkans and a major investment conference with the bank will be organised soon, Vucic said.
Source: Tanjug
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