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The Government of the Republic of Serbia

In the service of citizens

World Bank’s support significant for Serbia

Belgrade, 23 September 2025

First Deputy Prime Minister and Minister of Finance Siniša Mali met today with Executive Director at the World Bank Beatrice Maser to discuss Serbia’s economic performance, budget plans for the next year, preparations for Expo 2027, and current projects the bank supports in the country.

Mali emphasised that, despite global instabilities affecting the world economy, Serbia continues to maintain stable public finances.

The First Deputy Prime Minister pointed out Serbia’s readiness for major international events, noting that the country’s public debt currently stands at 44.3% of GDP, well below the level in the eurozone, of approximately 89%.

According to him, this is being achieved despite the fact that Serbia is in a major investment cycle and is investing substantially in capital projects in years when unstable global circumstances are significantly affecting the near-term outlook.

On this occasion, Mali invited the World Bank Executive Director to visit the construction site of the Expo complex, which he described as the largest active construction site in Europe.

He also emphasised that 121 countries have so far confirmed their participation in Specialised Expo 2027.

Mali expressed his gratitude to Maser for the World Bank’s support for Serbia during the implementation of systemic reforms, which have yielded significant results and earned recognition from international institutions.

The World Bank’s support is significant for Serbia, we have achieved excellent results and will continue to work on further growth and development, concluded the First Deputy Prime Minister.