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The Government of the Republic of Serbia

In the service of citizens

Serbia’s public finances completely stable

Belgrade, 22 March 2023

Deputy Prime Minister and Minister of Finance Sinisa Mali met today with representatives of Bank of America and more than ten investors from Europe and the United States of America who are interested in investing in Serbia and the region.

The meeting dealt with the attractiveness of Serbia for investment and in this sense the stability of public finances, the position of our country in the context of the current geopolitical developments and the path to the European Union.

The investors were additionally interested in the planned investments in energy, Serbia’s activity on the international capital market and reaching an investment rating.

When it comes to attractiveness for investment, Mali said that last year Serbia had a record €4.4 billion in foreign direct investment and that approximately 60 percent of the total foreign investments in the region come to our country precisely.

He underlined that the Serbian government is resolved to invest large amounts of money in public investments, and therefore as many as 10 highways are currently being built, which additionally affects the country’s attractiveness.

The Deputy Prime Minister presented the condition of our public finances to investors and underlined that Serbia is completely stable, despite the challenges, and that it has become an attractive investment destination over the last few years.

Mali pointed out that our country recorded a 2.3 percent growth of GDP last year and that in the times of crisis, over the past few years, it was cumulatively one of the fastest-growing economies in Europe.