GDP Council: Investing in infrastructure preserves economic growth

In order to preserve sustainable economic growth in Serbia, further investments in capital projects in the field of road and rail infrastructure are necessary, as well as the efficient implementation and execution of the budget in the field of health, energy, environmental protection, sports and municipal infrastructure, it was pointed out at the session of the Council for the Coordination of Activities and Measures for the Growth of Gross Domestic Product (GDP).

The session of the Council chaired by Prime Minister Ana Brnabic was also attended by Serbian President Aleksandar Vucic.

As announced by the Government of Serbia, bearing in mind the unfavourable indicators of the current energy and economic situation in the world, the participants in the session analysed domestic and global developments with projections of economic growth for the current year and the possibilities for maintaining the financial stability of the country.

It was concluded that good results were achieved in the areas of tourism, information technologies and services, and that the measures taken in attracting foreign direct investments in the previous year were a significant driver of the domestic economy and an additional incentive for the creation of new jobs.

One of the measures that the GDP Council will monitor during the year is the speed of issuing location conditions and building permits in order to unlock the full potential of private investments in Serbia.

It was concluded that further promotion of dual education was extremely important, given the needs of the domestic market and the fact that those who were educated within this system found it easier to get jobs, especially better paid jobs.

Izvor: Beta

Foto: Screenshot