Serbia needs at least EUR 1.7 billion in foreign investment and arrangement with IMF

In the first 11 months of 2013, Serbia recorded a net FDI inflow of only EUR 643 million, while this year it requires minimum EUR 1.7 billion in foreign direct investment as well as an arrangement with the International Monetary Fund (IMF), which will most likely be entered into in the autumn, said experts who write for the magazine Makroekeonomske analize i trendovi (Macroeconomic Analyses and Trends).

They believe that early elections will postpone reforms and "push everything to the sideline" for minimum next half a year and that we cannot count on the inflow of foreign and domestic investment before June. They also say that the year 2014 is unlikely to bring about new investment, acceleration of economic growth, and increase in the employment rate.

MAT experts say that the 2014 GDP growth forecast of 1 percent seems optimistic in current circumstances, adding that there is still no clear fiscal strategy.

Međunarodni monetarni fond-MMF Beograd

Vlada Republike Srbije

Macroeconomic Analyses and Trends

MAT

Stojan Stamenkovic

Miladin Kovacevic

budget strategy

foreign direct investment

economic growth

euro bonds

government bonds