Mali: Public Debt of Serbia to Be at 53-54% of GDP by End-Year
– The share of the public debt in the GDP was 50.8% this February. Serbia is far below the EU average, which is around 95% – Mali said at the Kopaonik Business Forum.
He pointed out that the public debt relative to the GDP was still below 60%, as promised, despite the support exceeding EUR 9 billion provided by the state on three occasions to the citizens and the economy during the Covid crisis.
He added that a deficit of 3.3% was planned for 2023, whereby 1.9% would be the “core deficit”, as agreed with the IMF, and 1.4% would be the reserve in case the crisis continued, so that the state could react in case of need.
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