VUCIC: Public debt to be less than 52% of the GDP by the end of 2018

Serbia has made the biggest progress in the field of economy, as stated in the report by the European Commission, Serbian President Aleksandar Vucic said and pointed out that the public debt would be less than 52% of the GDP before the end of the year.

According to him, the biggest progress has been achieved in economy. Serbia is still realizing a budget surplus, for the third year in a row, he says.

He points out that Serbia no longer needs big credits and that the country will repay another USD 700 million in loan debts in 2018, before the deadline.

Predsedništvo Republike Srbije

Vlada Republike Srbije

EUROPEAN COMMISSION Bruxelles

Aleksandar Vucic

European Commission

public debt of Serbia

gross domestic product of Serbia

GDP of Serbia

gross domestic product

budget surplus

budget of Serbia

public debt in 2018