WB: Serbia on right track, but needs higher growth
World Bank Country Manager for Serbia Tony Verheijen stated on Thursday that Serbia Wneeds deeper reforms to achieve a higher growth."
Thursday, 19.11.2015.
14:12
WB: Serbia on right track, but needs higher growth
He stated at a BELEX conference entitled “Upgrade in Belgrade” that the government should continue with the plan to solve the issue of seven companies of strategic importance by the end of this year and another 10 by May 2016 as this represents a major factor in further fiscal consolidation.Verheijen underlined that this year's growth rate is higher than expected, but added that if Serbia wants to catch up with the other southeast European countries, it should target a GDP growth of around five to seven percent in the coming years.
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