monetary police

Balanced Growth Model in Serbia’s Economic Outlook

The National Bank of Serbia (NBS) has released an outlook that emphasizes the structure of Serbia's growth model, which is shifting from episodic investment surges to a more balanced approach. This transition is characterized by the interaction of domestic demand, exports, and monetary discipline, aimed at avoiding destabilizing feedback loops. Central to this balanced model is the management of inflation. Following a period of elevated price pressures, inflation in Serbia has returned to a range deemed sustainable for growth by…