Vucic discusses pandemic fallout with EBRD President

NEWS 27.04.2020 13:19
Source: Tanjug/Predsedništvo Srbije

Serbian President Aleksandar Vucic spoke by telephone to EBRD President Sir Sumantra Suma Chakrabarti KCB about the economic fallout of the coronavirus pandemic, a state from the president’s cabinet said.

The statement said that they discussed Serbia’s cooperation with the EBRD during the pandemic and its effects on economic growth in Serbia and the Western Balkans as well as on global economic trends.  

Vucic told the EBRD President that the pandemic is greatly affecting the Serbian economy but that what he said are healthy and stable public finances helped keep it resilient. He said that EBRD investments in the private sector, especially SMEs is more than welcome.  

Chakrabarti is quoted as congratulating Vucic on the way Serbia responded to challenges, adding that he was impressed by the measures which were introduced, especially fiscal.  

The statement said that “special attention was devoted to EBRD plans to cooperate with local administrations and contribute to the development of towns and cities in Serbia”.