GDP Council: No chance of shortage of basic foods

The Council for the Coordination of Activities and Measures for Growth of Gross Domestic Product (GDP) has concluded that in the first quarter of the year there was growth in the field of industry, import and export, and that GDP growth amounted to 4.3 percent, said the Government of Serbia.

At the session of the council, it was also noted that „there is no chance that the supply of the population with basic food will be endangered,“ the press release reads.

GDP growth in the first quarter amounted to 4.3 percent, while the annual forecast is 4.5 percent, it was said at the session chaired by Prime Minister Ana Brnabic.

At the session, the most important economic indicators in all economic areas were discussed, and it was pointed out, among other things, that projects in the field of linear infrastructure were implemented according to the plan and with good dynamics.

Sufficient stock for our own needs

In the field of agriculture, sowing is completed on more than 98 percent of the area, all agro-technical measures were applied and a yield of approximately 3.5 million tons of grain is expected, the press release reads.

When it comes to the stock of agricultural products, „Serbia has enough of them for its needs, while new markets are being sought for certain cultures“.

Growth in the processing industry was recorded, and foreign direct investments increased by a third, according to the press release.

To take care of every dinar invested

Brnabic has said that from now on, the Public Company Srbijasume will be treated as an energy company, given the importance of pellets and briquettes in the upcoming heating season.

According to her, this decision was made because individual consumers increasingly use them for heating.

When it comes to electricity supply, it has been pointed out to the PM that the overhaul season had started in the Public Company Elektroprivreda Srbije, and that coal production would be fully stabilized by August 1.

At the session of the GDP Council, it was concluded that it was necessary to take care of every dinar invested, to continue with the initiated capital projects, while preserving liquidity, the press release reads.

Izvor: Beta

Foto: Beta