Serbian Finance Minister Siniša Mali reaffirmed Serbia’s commitment to maintaining macroeconomic stability during his working visit to Washington, where he is attending the spring session of the International Monetary Fund (IMF) and World Bank Group. Despite global economic challenges, including international tensions and American tariffs, as well as domestic blockades, Mali emphasized that Serbia’s economic fundamentals remain solid and stable.
Mali highlighted that Serbia’s economy is projected to grow by 3.5% this year, making it one of the top three fastest-growing economies in Europe. He acknowledged the impact of both external factors and internal tensions, such as efforts by the former regime to regain power through street protests rather than elections.
He also noted Serbia’s low public debt of 43.9% of GDP, significantly lower than the Eurozone average of nearly 88-89%, and mentioned that the country currently holds over four billion euros in its account. The IMF and World Bank spring session runs from April 21 to April 26, 2025.