World Bank downgrades Serbia's GDP growth

In its January 2018 Global Economic Prospects report, the World Bank forecasts Serbia's GDP growth in 2018 to be three percent.

The June 2017 report had put the figure at 3.5 percent.

The World Bank now says that in 2019 and 2020, Serbia will have GDP growth rates of 3.5 and 4 percent.

Serbia's economy grew by two percent in 2017, according to the financial institution's estimate in the January 2018 report.

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