Vucic: Investments in Serbia reach 837 million euros in Q1

Photo: Tanjug/Dragan Kujundzic

The level of investments in the first quarter of this year reached 837 million euros, said President of Serbia Aleksandar Vucic.

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According to him, that is 3.7 percent more than in the same period last year.

He said that we should keep in mind that in March, like the rest of the whole world, we had to deal with the coronavirus epidemic.

"Of course there will be problems by the end of the year at the investment level, with exports - but less than we expected," Vucic underlined.

He said that the state's investments will stimulate the economy, as well as the so-called helicopter money and the increase of salaries in the healthcare sector that should stimulate consumption.

That, as he pointed out, is being done by all serious countries.

(Telegraf Biznis)