Governor: Public debt is safe below 60 percent

BizLife 04.01.2021  |  Beta
Governor: Public debt is safe below 60 percent

Governor of the National Bank of Serbia, Jorgovanka Tabakovic, has said that the public debt of Serbia amounts to between 56.7 and 57.8 percent of the gross domestic product, adding that the debt is “safe below 60 percent”.

She told Radio-televizija Srbije that one of the expensive Azerbaijani debts with an interest rate of four percent had been repaid, and that the current debt was below the so-called “Maastricht criteria” of 60 percent. Tabakovic added that throughout the previous year, the dinar exchange rate against the euro was maintained in the range of 117.5 to 117.6, in which the National Bank invested one billion and 450 million euros. She pointed out that Serbia had 35.65

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