Oct 7, 2009
| Last Updated
The IMF’s release of second and third loan tranches hinges on a viable spending-cut plan;
Ongoing trade balance adjustment should half the current-account deficit;
The currency has stabilized and financial pressures seem to be easing.
After posting robust growth of 5.4% in 2008, Serbia’s economy will decelerate noticeably in 2009, reflecting deterioration in export performance, weaker domestic demand and limited access to external finance. Serbia's GDP shrank by 4.0% y/y in Q2 2009, after contracting by 4.2% y/y in Q1. The €3 billion (US$4.1 billion) IMF[...]
If you are an RGE client please log in to your account.
Access to this content is restricted to RGE clients.
If you have a client code, please enter it here to activate your client account.
Click here for a free trial.