economic crisis

Fitch: Weaker global growth outlook and domestic political uncertainty pose challenges for Serbia’s economy

Weaker prospects for global economic growth, combined with ongoing domestic political uncertainty, are posing significant challenges for Serbia’s economic performance, Fitch Ratings stated in its latest report. Despite these headwinds, the agency expects that Serbia will maintain its BB+ credit rating—held since September 2019—through the continued implementation of a mix of economic measures. “Fitch already revised its 2025 real GDP growth forecast for Serbia down to 3.8% in March from 4.2% in its previous rating review in January, due to…