economy
April 16, 2026
Minister Mali Shared Great News! Serbia Received Only Praise from Rating Agencies for Response to ENERGY CRISIS!
The First Deputy Prime Minister of the Government of the Republic of Serbia and Minister of Finance, Siniša Mali, today began a working visit to Washington, where he is participating in the Spring Meeting of the International Monetary Fund (IMF) and the World Bank Group.
TL;DR
- Serbia's Minister of Finance, Siniša Mali, visited Washington for the IMF and World Bank Spring Meetings.
- He met with representatives from "Standard and Poor's", "Moody's", and "Fitch Ratings".
- Mali stated that Serbia received praise for its response to the energy crisis.
- Serbia has reserves of diesel for 92 days and gasoline for 85 days.
- The country also has 600 million cubic meters of gas in storage.
- Serbia reduced excise taxes on fuel by 25% to mitigate price increases.
- Rating agencies consider Serbia stable and suitable for investment.
- Serbia is the only country in the Western Balkans with an investment credit rating.
- Mali noted the global economic crisis, with oil prices doubling and gas prices significantly increasing.
- He highlighted Serbia's stable public finances, with public debt at 41.7% of GDP, compared to much higher averages in the Eurozone and USA.
- The delegation from the National Bank of Serbia also attended the meetings.