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Dinar stability prerequisite for economic growth
Belgrade,
11 January 2011
Minister of Trade and Services Slobodan Milosavljevic said today that the value of foreign direct investment in Serbia in 2011 will amount to approximately €3 billion, which should be stimulating for the dinar.
Milosavljevic told the Beta news agency that in 2010 the dinar exchange rate exerted significant pressure on prices of all goods.
He reiterated that the stability and predictability of the rate of domestic currency is necessary for better planning, monitoring and analysis of measures taken in the economy sector.
At the same time, that is one of the preconditions for economic growth, increase of exports and industrial production and all other economic parametres, concluded Milosavljevic.
He reiterated that the stability and predictability of the rate of domestic currency is necessary for better planning, monitoring and analysis of measures taken in the economy sector.
At the same time, that is one of the preconditions for economic growth, increase of exports and industrial production and all other economic parametres, concluded Milosavljevic.
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