Mali

A West African leaders' summit opens on Sunday amid political turmoil after the military rulers of Niger, Mali and Burkina Faso cemented a breakaway union at a rival meeting.

BELGRADE - Serbian Finance Minister Sinisa Mali said a Serbia-China FTA had entered into force on July 1 and that this was big and important news for the Serbian economy.

BELGRADE - Serbian President Aleksandar Vucic met on Thursday with representatives of MEDEF, a federation of French employers, urging French businesspeople to invest more in Serbia.

The meeting addressed deepening of economic cooperation and interest among French companies to take part in EXPO 2027 in Belgrade.

BELGRADE - Serbian First Deputy PM and Finance Minister Sinisa Mali told Tanjug that, in a first for the country, Serbia had issued ten-year sustainable/green (ESG) bonds on Wednesday, raising 1.5 bln dollars under extremely favourable terms, at an interest rate of 4.7 pct.

BELGRADE - In its Spring 2024 economic forecast for EU member states and membership candidates, released on Wednesday, the European Commission has revised upwards its growth projection for Serbia to 3.5 pct for this year and 4.3 pct for 2025.

BELGRADE - Besides being politically significant and boosting Serbia's reputation, Chinese President Xi Jinping's visit to Belgrade is very important economically as well and opens up new prospects for Serbia and a new chapter in its cooperation with China as well as its overall growth and development, Serbian Finance Minister Sinisa Mali said on Thursday.

BELGRADE - Sinisa Mali said on Tuesday he was "extremely honoured" to be put forward for first deputy PM and finance minister in the new Serbian government.

Turkish energy company Aksa Enerji has signed a non-binding memorandum of understanding with the Shymkent Governorship in Kazakhstan to establish a natural gas combined cycle power plant.

The installed capacity of the gas power plant will be 500MW, Aksa said in a filing with Borsa İstanbul.

BELGRADE - Serbia has attracted a total of 15.9 bln euros of FDI since 2020, Finance Minister Sinisa Mali said at a meeting with global investors from the US on Friday.

Following a Serbian delegation's visit to Washington for the IMF/World Bank Group Spring Meetings, the investors came to Serbia to get better acquainted with all economic parameters in the country.

BELGRADE - By 2027, Serbia will invest 17.8 bln euros in 323 projects across the country, Finance Minister Sinisa Mali announced on Wednesday.

In an Instagram post, Mali wrote that, contrary to opposition claims, the investments would reach all parts of Serbia and go to infrastructure, energy, science and education projects.