GDP Council expects STRONG TREND to continue: Planned growth 4.5 percent
The planned growth of gross domestic product (GDP) this year is 4.5 percent, as it was concluded at the session of the Council for Coordination of Activities and Measures for GDP Growth, chaired by Prime Minister Ana Brnabic.
It was stated that since November 2021, there had been an increase in salaries, nominal and real, with an expectation that this strong trend would continue in the current year, and positive trends were observed in industry, especially processing and food industries, which is especially encouraging given that that sector has been stagnating for some time.
In the field of infrastructure and construction, the implementation of on-going projects is going as planned, a tender is expected to be announced for the construction of a control tower at the airport in Nis, the construction of the Preljina-Pozega highway and the Belgrade bypass continues, and documentation is prepared for the Uzice bypass and the construction of the Kadinjaca tunnel.
A number of linear infrastructure projects whose preparation is nearing completion were also discussed, such as Belgrade-Zrenjanin-Novi Sad highway, the continuation of construction of the Corridor 11 highway towards the border with Montenegro to Duga Poljana, and the start of construction of Serbia-Bulgaria gas interconnector, scheduled for early February.