Serbia

The IMF concluded its third review under the Stand-By Arrangement (SBA) with Serbia, lauding the country’s robust macroeconomic fundamentals. That includes recovering growth, a solid fiscal position, ongoing disinflation, record-high reserves, and a strong labor market. The IMF projects continued strong growth for Serbia, with estimates of 3.5% in 2024 and 4.5% the following year, driven by domestic demand. Additionally, inflation is expected to decline further, aligning with the central bank’s target by around the summer.