NBS: EU commends adequacy of Serbian monetary policy

The National Bank of Serbia (NBS) monetary policy was pursued adequately and consistent with the achievement of the inflation target in 2018 as well, it was said at Friday's annual meeting of EU member states, the Western Balkans and Turkey and the European Commission and the European Central Bank.

17 Maj 2019 16:50

BELGRADE - The National Bank of Serbia (NBS) monetary policy was pursued adequately and consistent with the achievement of the inflation target in 2018 as well, it was said at Friday's annual meeting of EU member states, the Western Balkans and Turkey and the European Commission and the European Central Bank.

Serbia was represented by NBS Governor Jorgovanka Tabakovic and Finance Minister Sinisa Mali, the NBS said in a statement.

"Inflationary pressures are low and the central bank pursues its monetary policy consistent with the achievement of the inflation target," which was also a recommendation issued to all countries within last year’s Dialogue, it was said at the meeting - a part of the Economic and Financial Dialogue.

"It was concluded that Serbia fully met this recommendation. The high capitalisation of Serbia’s banking sector and satisfactory liquidity were also underlined, and the country’s significant results in terms of the reduction of the NPL ratio were commended," the NBS said on its website.


Photo: Tanjug/ Video

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