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World Bank

Lorry Drivers Lose 3,000 Years Annually Waiting at Western Balkans Borders

Lorry drivers currently squander approximately 26 million hours – equating to nearly 3,000 years – waiting at the...

Nicola Pontara, World Bank Country Manager For Serbia

Serbia Has The Potential To Accelerate Growth

Serbia’s potential for accelerated growth lies in enhancing its public institutions and governance, investing in human capital development...

American Ajay Banga The Only Candidate For The New President Of The World Bank

The U.S. candidate, Ajay Banga, an American of Indian origin, is the only one nominated to succeed the...

Christopher Sheldon, World Bank Country Manager For Bosnia And Herzegovina, And Montenegro

Helping Hand In Tough Times

The World Bank stands ready to support the Government of Montenegro by providing technical, international best practice expertise...

World Bank: Serbia Has The Lowest Unempl­oyment Rate In The Western Balkans

Kosovo and Bosnia and Herzegovina lead the number of unemp­loyed in the Western Balkans, while Serb­ia has the...

Serbia 11th In The World In The World Bank Report

According to the latest global report of the World Bank, which comparatively monitors the progress in the field...

By Ngozi Okonjo-Iweala, Director-general Of The Wto, Former Managing Director At The World Bank

Fixing The Food Trade

In addition to getting food from where it is abundant to where it is needed, trade supports jobs,...

World Bank’s Malpass Says War In Ukraine May Trigger Global Recession

World Bank President David Malpass on Wednesday suggested that Russia's war in Ukraine and its impact on food...

Christopher Sheldon, World Bank Country Manager For BiH

No Easy Answers

Following its strong recovery in 2021, the Montenegrin economy is again facing headwinds that are coming both directly,...

World Bank: Global Crisis Will Slow Serbia’s Economic Growth In 2022

Serbia's economic growth will slow to 3.2 percent in 2022 due to global crises, although earlier forecasts had...

IMF Predicts 3.5% Growth In Serbia

The International Monetary Fund predicts 3.5% growth in Serbia's GDP this year, with 4% for 2023. Serbia's growth forecast...

Christopher Sheldon, World Bank Country Manager For Bosnia-Herzegovina And Montenegro

Three Pillars Of Stability And Growth

The strength and resilience of the economic recovery over the medium term depends on the government’s growth strategy....

AFD and World Bank Support Serbia’s Green Agenda To The Tune Of €234 Million

The public policy loans in support of green recovery as well as the support program for the modernization...

Economy

Between A Rock And A Hard Place

Even before the full strength of COVID-19 hit the country, it was known that it would push Montenegro...

Stephen Ndegwa, World Bank Country Manager for Serbia

Ready For A Fresh Restart

Serbia’s robust response to the health pandemic has shown good results and enabled it to be among the...

World Bank: Serbia’s New Growing Agenda

Forging A New Future

Serbia is at a crossroads. Although current growth rates are improving incomes in Serbia, they are not bringing...

Doing Business 2020 Conference Held in Belgrade

The reforms performed by the Ministry of Economy in the field of protecting minority investors and resolving insolvency,...

World Bank approves Serbia $40m loan for Trade and Transport Facilitation project

Deputy Prime Minister and Minister of Construction, Transport and Infrastructure prof. Zorana Mihajlovic said that the Ministry, along...

News

From the Seized Tobacco, 7 Tons of the Highest Quality Organic Fertilizer Were Obtained

Over 5 tons of illegal cut tobacco, as much as 3.5 tons of leaf tobacco, 26,000 boxes of cigarettes,...

Balkan Borders Blur as Free Labor Movement Pact Launches

Marking a significant shift in the labor markets of Southeast Europe, Serbia, Albania, and North Macedonia have forged an...

Southeast Europe Unites in Support for Ukraine at Tirana Summit

In a striking demonstration of unity from Tirana, Southeast European leaders, together with Ukraine's President Volodymyr Zelenski, have collectively...

Serbia Commits €5.4 Billion to Renewable Energy by 2030

Serbia's state-owned power company, Elektroprivreda Srbije (EPS), has announced an ambitious plan to invest €5.4 billion in renewable energy...

Serbia and Angola Cement Cultural Bonds with New Cooperation Programme

Serbia and Angola have inked a Cultural Cooperation Programme set to span from 2024 to 2026, as announced by...