Wages could grow further, president says after IMF meeting

Serbian President Aleksandar Vucic on Monday in Belgrade met with an IMF delegation led by mMission head Jan Kess Martijn.

Source: Tanjug

On this occasion, representatives of the international institution confirmed a stable GDP growth projection of 3.5 percent for 2019 and four percent for 2020.

Vucic stressed that despite slower growth in EU member-states and global challenges, Serbia's goal was to exceed the projected growth rates.

A topic of particular interests for Serbia's citizens were wages and pensions, and the meeting confirmed that the country's responsible policy and stable economic growth allow for their further increase.

Significant attention was devoted to more efficient governance and better implementation of investments at public enterprises, the presidential press office said in a statement.

Vucic and the IMF delegation also discussed enterprises of general interest, including public companies such as EPS and Resavica, privatisation of Komercijalna Banka and Petrohemija, as well as a tax administration reform.


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