public debt strategy

Debt Management Strategy in Serbia Adapts to Changing Financial Landscape

Serbia is transitioning to a more proactive approach in its fiscal and debt management strategy, responding to a global financial environment marked by increased refinancing risks and rising interest rates. Recent government initiatives indicate a strategic repositioning of the sovereign balance sheet ahead of anticipated challenges in financing conditions. Central to this shift is the introduction of a sovereign bond buyback program, which has a target of up to €1 billion. This initiative aims to enhance the maturity profile of…