Serbia’s country risk improves to “moderate” over increased economic and political stability.
Business analytics provider Dun & Bradstreet (D&B) has upgraded Serbia’s country risk rating from ‘high’ to ‘moderate’ due to its positive economic trends and increased political stability. According to D&B, Serbia’s reserves are expected to increase in the upcoming period as a result of substantial foreign currency inflows.
This is attributable mainly to export growth driven by foreign investments in the manufacturing sector and weakening of the dinar. D&B reported they expect Serbia to attract approximately EUR 2 billion in foreign direct investment this year and noted the government is taking significant steps in the fight against corruption.
Contact:
Dragana Stijelja,
Junior Corporate Actions and Tax Specialis, GSS Serbia
dragana.stijelja@unicreditgroup.rs