Sinisa Mali (BETAPHOTO/MILOS MISKOV)
Serbian Finance Minister Sinisa Mali said on Oct. 29 that solutions are being sought for multinational oil and gas company Naftna Industrija Srbije (NIS) – against which the United States has levied sanctions due to Russia’s majority stake in the corporation – and emphasized that the government will not allow the stability and security of Serbia’s energy sector to be undermined.
Speaking for Pink TV, Mali explained that NIS’s circumstances are also creating uncertainty regarding the International Monetary Fund’s (IMF) upcoming final conclusions within its second review of the non-financial agreement it made with Serbia in December 2024, which are to be announced on Oct. 30.
“We had very important and by no means easy talks with the IMF. We’ve fulfilled all the reform goals we set and will continue to fulfill them,” said Mali.
He added that Serbia’s GDP growth is “a little under” what was planned due to the ongoing, year-long blockades organized by the country’s protesting university students.
“The blockades have caused damage to the state but we’ll manage to make up for everything we’ve lost over the past 11 months,” the minister asserted.
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