NBS chief praises govt. measures

National Bank of Serbia (NBS) Governor Radovan Jelašić says that the government’s anti-crisis measures are “certainly paying dividends.“

Izvor: FoNet

Tuesday, 09.06.2009.

15:10

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National Bank of Serbia (NBS) Governor Radovan Jelasic says that the government’s anti-crisis measures are “certainly paying dividends.“ "Those positive effects will be supported by measures taken by the NBS—the level of restrictiveness is falling on a daily basis, especially in terms of cash loans and the capital-loan ratio for private customers,“ Jelasic told reporters. NBS chief praises govt. measures The biggest challenge, he said, remained the uncertainty over what would happen with overall economic activity. “We still don’t know when we’ll return to the level we were at six to nine months ago,“ said the governor at the opening of a Round Table called “How to Increase Philanthropy for Tax Payers in Serbia.“ The governor said that the state of public funds in Serbia was “not drastic,“ adding that “the state of the budget is reflected in how much of its own bonds the state has issued, which have reached a level of EUR 531.7mn.“ Radovan Jelasic (FoNet, archive)

NBS chief praises govt. measures

The biggest challenge, he said, remained the uncertainty over what would happen with overall economic activity.

“We still don’t know when we’ll return to the level we were at six to nine months ago,“ said the governor at the opening of a Round Table called “How to Increase Philanthropy for Tax Payers in Serbia.“

The governor said that the state of public funds in Serbia was “not drastic,“ adding that “the state of the budget is reflected in how much of its own bonds the state has issued, which have reached a level of EUR 531.7mn.“

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