Despite inflationary pressure easing and encouraging FDI inflows, the complexity of the global political and economic crisis, which also is spilling over onto Serbia, doesn’t leave much room for optimism. Under such conditions, those shaping public policy require much more wisdom, tact and understanding of social circumstances than under normal conditions
Economic growth in Serbia is this year expected to reach a maximum of two per cent, as a result of a more stringent monetary and fiscal policy, high inflation, weak foreign demand and unfavourable conditions internationally for borrowing. Given these challenges and the need to boost economic growth and confront the current situation, what measures could the government consider? We posed this question to our economist interlocutors and received an array of very nuanced answers.