Governor of the National Bank of Serbia (NBS), Jorgovanka Tabaković, stated that Serbia’s economy is well positioned for renewed growth once temporary shocks subside, thanks to strong macroeconomic resilience.
The NBS hosted the presentation of the International Monetary Fund’s (IMF) Regional Economic Outlook for Europe, which this year focused on the challenges of slowing economic growth and the need for reforms to boost productivity and long-term stability.
Tabaković highlighted that Serbia’s economy has demonstrated strong resilience since the pandemic, particularly in the automotive sector, while exports have increased due to production and export-oriented investments.
She noted that the labor market has improved, foreign exchange reserves have reached record levels, and the banking sector remains stable and well-capitalized, with non-performing loans at a historic low. The dinar exchange rate has remained stable, and gold reserves—now accounting for about 20% of total foreign exchange reserves—have significantly increased.
