IMF agrees to upgrade 2016 GDP forecast to 2.5%

The IMF has agreed to upgrade its 2016 GDP growth forecast for Serbia from 1.8 pct to 2.5 pct, Serbian Finance Minister Dusan Vujovic said on Monday.

Izvor: Tanjug

Monday, 13.06.2016.

16:27

IMF agrees to upgrade 2016 GDP forecast to 2.5%
(Tanjug)

IMF agrees to upgrade 2016 GDP forecast to 2.5%

That is the best proof that Serbia is on the right track, since the IMF is conservatively-minded and does not raise growth forecasts lightly, he said.

Vujovic also described as "very big" the chance that public sector salaries and pensions in Serbia might be increased from January 1 2017.

However, he warned against "making any promises" before the end of the current analysis, "especially because of risk elements that might influence the good result achieved thus far."

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