Confident about economic growth, President Vucic announces 'Serbia 2027' plan

Serbia believes that by 2027, investments in the country could reach 100 billion euros, more than three times higher in just 15 years.

Tổng thống Serbia Aleksandar Vucic phát biểu, ngày 20/1. (Nguồn: SNS)

Serbian President Aleksandar Vucic presented the development plan "Serbia 2027 - a leap into the future", on January 20. (Source: SNS)

On January 20, Serbian President Aleksandar Vucic announced that with the current growth rate and favorable conditions, the country's Gross Domestic Product (GDP) will reach more than 90 billion Euros by 2027.

Mr. Vucic also presented to the people the development plan "Serbia 2027 - a leap into the future".

Earlier, he said that after the municipal and parliamentary elections held in December 2023, Serbia could expect four years of economic and infrastructure growth.

President Vucic said: "In 2012, the country's GDP was around 33 billion euros... In 2027, if we succeed and do everything we have set out, according to the International Monetary Fund (IMF) estimates, our GDP will be 92.7 billion euros.

And we hope that the geopolitical situation and large investments will be even more favorable, and that it can reach 100 billion euros. More than 3 times higher in just 15 years".

The leader also made it clear that GDP growth is currently 3.5% per year and is expected to be 4% per year in the next 3 years.

In 2010, the minimum wage in Serbia was 153 Euros (average 331 Euros), in 2024 it will be 402 Euros (average 958 Euros), and in 2027 it will reach 650 Euros (average 1,400 Euros).

The average pension for Serbians will increase from 204 Euros in 2012 to 391 Euros in 2024 and reach 650 Euros by 2027.

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