Republic of Serbia: Third Review Under the Policy Coordination Instrument; Press Release and Staff Report
Republic of Serbia: Third Review Under the Policy Coordination Instrument; Press Release and Staff Report
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Volume/Issue:
Volume 2026
Issue 138
Publication date:
ISBN: 9798229049313
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Topics covered in this book
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Inflation , Labor , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , Inflation , Credit , Fiscal risks , Labor markets
Summary
The Serbian economy has shown resilience despite headwinds from energy supply disruptions, a weak harvest, domestic protests, global trade tensions, and the war in the Middle East. Looking ahead, the war is expected to keep energy sector risks elevated, constraining growth even as rising real incomes and EXPO-related activity provide support. The approaching electoral cycle could weaken policy discipline and delay structural reforms, further weighing on medium-term growth constrained by slowing capital accumulation and modest productivity gains.
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