Poverty rate in region declines by 2 percent on average
The poverty rate in Serbia in the period from 2013 to 2015 went down 0.5 percent.
Friday, 08.04.2016.
14:36
Poverty rate in region declines by 2 percent on average
The average annual poverty rate in Serbia, Albania, Macedonia and Montenegro dropped by about two percent, according to the report.South East Europe countries' economies grew 2.1 percent on average, while in Serbia, which the World Bank said had been hit the hardest by the flooding in 2014, the growth estimate for the past year was 0.8 percent.
Serbia achieved bigger growth than initially expected, and these positive results are translated into investments in the private sector, something that leads to opening new jobs and reducing poverty, WB officials said.
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