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The Government of the Republic of Serbia

In the service of citizens

Attracting foreign investment very important for Serbia

Belgrade/Istanbul, 20 November 2024

First Deputy Prime Minister and Minister of Finance Siniša Mali presented today at the Global Banking & Markets: CEE, CIS & Türkiye Awards 2024 Summit in Istanbul the economic results of Serbia and the Expo 2027 project.

In a statement to journalists after the panel he participated in, Mali said that he had the opportunity to talk about the results achieved in front of 600 investors and representatives of various funds.

The First Deputy Prime Minister pointed out that one of the most important things for Serbia is attracting investments, especially considering the fact that Serbia is now the only country in the Western Balkans region and the only country that is a candidate for full membership in the European Union with this credit rating.

He emphasised that the newly negotiated three-year agreement with the IMF will be an incentive to continue reforms in Serbia.

I particularly emphasise the reform of companies in the public sector because the goal is for them to become a source of growth, said Mali and added that the amount of the deficit is limited to three percent in order to continue to maintain and preserve macroeconomic stability.

Mali added that Serbia shortened the deadlines for completing the reforms by one year, which means that by the end of 2026, we must fulfil all the formal requirements for full EU membership.