Central bank 2015 GDP growth forecast now 0.8 pct
The National Bank of Serbia (NBS) has adjusted its GDP growth forecast for this year to 0.8 percent.
Thursday, 19.11.2015.
13:02
Central bank 2015 GDP growth forecast now 0.8 pct
At the presentation of the latest inflation report, he said that the NBS has forecast a higher, 1.8 percent growth rate for next year due to an anticipated growth of investments."Investments will make a positive contribution to growth, with government and household spending to make a negative contribution due to fiscal consolidation," Pjescic said.
The NBS assessment is that this year's deficit will be estimated at 4.5 percent GDP, he said.
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