Brnabic: GDP growth rate expected to reach 2.5 pct in 2023

BELGRADE - Serbian PM Ana Brnabic on Thursday chaired a session of a council coordinating activities and measures promoting GDP growth.

The council said Q1 2023 growth matched projections and that January results were better than expected.

Brnabic noted that Serbia's economic growth rate was expected to reach 2.5 pct this year, an official statement said.

The council said maintaining sustainable economic growth also called for further investment in capital projects in road, railway and health care infrastructure.

Brnabic noted that the IT sector had achieved excellent results last year but that they needed to be exceeded in 2023 as the sector was the future and crucial for economic growth.

She said that special emphasis had been placed on expansion to new export markets for Serbian products.