Business - Economy

Serbia to Grow in 2013

Published: October 1, 2012; 21:08 · (Vindobona)

The Serbian economist Jurij Bajec explained that the Serbian economy will recover next year. Real GDP growth will reach 2.0%, he says.

Serbia to Grow in 2013 / Picture: © Flickr

Due to the increasing exports in the automobile industry and the agricultural sector, Serbia´s GDP should grow by 2.0% next year. Bajec is optimistic that the austerity measures will lower the budget deficit sustainably.

As Serbia is forced to obtain a new precautionary loan by IMF, a tax intake was resolved. Thus, the tax revenue should grow by 3.3% to € 7.2bn. The deficit…

This article includes a total of 230 words.

or Log In

Fast News Search

Join us to succeed in Vienna! Sign up to read articles for free and to get personalized updates on the events that interest you.

Serbia to Grow in 2013

The Serbian economist Jurij Bajec explained that the Serbian economy will recover next year. Real GDP growth will reach 2.0%, he says.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.