“Four percent economic growth in 2011”

Serbian Deputy Prime Minister and Economy Minister Mlađan Dinkić expects to see four percent of economic growth in 2011.

Izvor: Tanjug

Sunday, 26.12.2010.

14:40

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Serbian Deputy Prime Minister and Economy Minister Mladjan Dinkic expects to see four percent of economic growth in 2011. He added that he also expected an increase in exports, a substantial rise in foreign investments, reduction of unemployment and a mild salary rise, and announced that the government would continue granting subsidized loans to the economy and citizens. “Four percent economic growth in 2011” Dinkic expressed belief that the Serbian economy could achieve four percent of economic growth in 2011, and repeated that Bulgaria, Romania and Croatia were still struggling with recession, for two years in a row, while Serbia had managed to increase its GDP rate to almost two percent in 2010. “As the economy minister, I cannot be satisfied until the economic growth rate reaches 4.5 percent,” he noted and added that he started recovering his optimism in the second half of the year, when a great number of investors started showing interest in Serbia, some of whom went on to build factories and employ people all around the country. The economy minister pointed out that Serbia was in the focus of great attention of investors interested in putting their funds in the country's automotive industry and textile industry. On the other hand, Dinkic pointed out, electronics in Serbia started developing after 20 years, and Japanese Panasonic, one of the world's top companies, should open its first factory in Serbia early in 2011. “In general, when we take into account new investments and food industry growth, we can say there are grounds for optimism regarding Serbia's economic progress in the year to come,” he said, adding that the next year would be better than the one behind us.

“Four percent economic growth in 2011”

Dinkić expressed belief that the Serbian economy could achieve four percent of economic growth in 2011, and repeated that Bulgaria, Romania and Croatia were still struggling with recession, for two years in a row, while Serbia had managed to increase its GDP rate to almost two percent in 2010.

“As the economy minister, I cannot be satisfied until the economic growth rate reaches 4.5 percent,” he noted and added that he started recovering his optimism in the second half of the year, when a great number of investors started showing interest in Serbia, some of whom went on to build factories and employ people all around the country.

The economy minister pointed out that Serbia was in the focus of great attention of investors interested in putting their funds in the country's automotive industry and textile industry.

On the other hand, Dinkić pointed out, electronics in Serbia started developing after 20 years, and Japanese Panasonic, one of the world's top companies, should open its first factory in Serbia early in 2011.

“In general, when we take into account new investments and food industry growth, we can say there are grounds for optimism regarding Serbia's economic progress in the year to come,” he said, adding that the next year would be better than the one behind us.

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