Minister Claims Investors Have Confidence in Serbian Economy | Beta Briefing

Minister Claims Investors Have Confidence in Serbian Economy

Source: Beta
Archive / News | 20.01.23 | access_time 11:30

Sinisa Mali

Serbia has achieved enormous success on the international capital market, with record interest from investors in investing in its securities, which is an indicator not only of economic results but also of confidence in what we are planning, Finance Minister Sinisa Mali said on Jan. 20.

He told the Serbian Broadcasting Corporation that investors' interest in Serbian bonds had never been greater and that USD1.75 billion had been gathered on the capital market.

"At the end of January, we will have a share of public debt in GDP of 50.2 percent. With public debt control, we will invest the borrowed funds in infrastructure rather than in spending. We raise salaries and pensions from real sources, we are absolutely solvent, we have money and are meeting all of our obligations, and that is great security for our citizens," Mali underscored.

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