AGP Executive Report
Last update: 5 hours agoGrowth Outlook: The IMF raised its forecast for Serbia’s economy to 3.3% growth in 2026 and 4% in 2027, while projecting inflation of 3.1% and 4.2%, respectively. Foreign Reserves: NBS reserves fell €946 million in September to €29.86 billion, but still covered 6.7 months of imports; the central bank cited government payments and foreign-currency sales amid higher energy-import demand. Investment: Austrian plastics machinery group ENGEL will open a manufacturing site in Kikinda, recruiting 150 workers over three years and producing machined components for European and American markets. Telecoms Expansion: Telekom Srbija expects a US operating licence in mid-November and plans to launch a mobile service via AT&T in December, extending its potential reach across markets with a combined population of 700 million. Household Finance: New household dinar loans reached 240 billion in the second quarter, with cash loans accounting for 87%—a sign that borrowing is increasingly helping cover everyday costs.
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