While the Serbian government’s fiscal consolidation acts have stabilised the country’s public finances, experts say much more must be done to boost economic growth.
“Where are the reforms?” Dusan Vujovic, Serbia’s Finance Minister, exclaimed in bewilderment to a large crowd at the opening of the Kopaonik Business Forum.
Dubbed the “Serbian Davos”, after the annual Swiss gathering of world decision makers, the 25th annual gathering organised by the Serbian Association of Economists brought together economists, government officials and business people at a ski resort.
Far from being exasperated by the state of economic and fiscal reforms in Serbia, Vujovic was actually pleased with them, and was only exasperated by the technical glitches in his PowerPoint presentation. He had lost the slide summarising all of the government’s successful fiscal reforms since it initialled an agreement with the IMF in 2015.
