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HISTORICAL MILESTONE: Receives Its First Credit Rating, Prime Minister Vucevic Announces

October 5, 2024

09:38 GMT

Photo: Instagram (@Milosvucevic)

HISTORICAL MILESTONE: Receives Its First Credit Rating, Prime Minister Vucevic Announces

October 5, 2024

09:38 GMT

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For the first time in Serbia’s history, the country has received an investment grade, a final result after years of active implementation of sound economic policies headed by Prime Minister Milos Vucevic, the Government of Serbia and the Serbian Progressive Party.

In accordance with Prime Minister Vucevic Yu’s admission posted on his Instagram, this assessment is evidence that Serbia is a place where investors may want to come. It means that the country has a non-risk investing environment, which is better off in days to come than now.

“Investing Rating will make it easier for the state, private companies, and citizens to borrow from overseas sources of funds and get better borrowing terms,” Vucevic argued.

“This is a victory for the whole nation and evidence that there has been a focused effort which has borne fruit. Thank you citizens of Serbia! This success is yours, it is ours. We hope this important event will trigger even greater economic progress and higher levels of employment in our country, ” said Vujevic.

Serbia developing economically thus far is beneficial as it opens up a wider scope for possibilities and investments, reinforcing also its image as a potential player in the international economy.

SNNW Staff

SNNW's journalists report the news in countries where a free press is banned by the government or not fully established. We provide what many people cannot get locally: uncensored news, responsible discussion, and open debate.

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