Steven Ndegwa: 'The Serbian economy has fared better in the crisis than many EU and Balkan countries"

Kurir 17.11.2020
Steven Ndegwa: 'The Serbian economy has fared better in the crisis than many EU and Balkan countries"

'This year Serbia will have the smallest drop in economic activity in the Western Balkans, standing at minus three percent – far less than what is projected for the EU (minus 8.4 percent) or the six countries of the Western Balkans (minus 4.8 percent),' head of the World Bank Belgrade office says.

"The Serbian economy has fared relatively well during the coronavirus pandemic crisis, compared to other countries. The economic recovery will be stronger in the upcoming period and the growth prospects better if Serbia takes the opportunity to breathe a new energy into the economy by implementing important reforms," Steven Ndegwa, head of the World Bank office in Belgrade, said in an exclusive interview with Kurir. He pointed out that the decrease in Serbia's

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