Sinisa Mali

Mali: Sanctions on NIS would be extremely bad but there is light at end of tunnel

BELGRADE - Serbian Finance Minister Sinisa Mali said on Monday potential US sanctions on Serbia's majority Russian-owned oil company NIS from January 1 would be extremely bad for Serbia but noted that the arrival of a new US administration might be a light at the end of the tunnel.

Serbian parliament passes 2025 budget bill

BELGRADE - The Serbian parliament passed the 2025 budget bill on Wednesday.

Budget revenues in 2025 will amount to 2,346.2 bln dinars, with costs and expenditures to total 2,660.2 bln dinars.

Finance Minister Sinisa Mali said earlier the new budget was both socially responsible and development-minded as it ensured continued economic growth through large-scale investments.

Serbia, Czechia exchange MoU

BELGRADE - Serbia and Czechia exchanged a MoU in Belgrade on Wednesday, at a Palace of Serbia ceremony also attended by Serbian President Aleksandar Vucic and Czech PM Petr Fiala.

The MoU between the Serbian Ministry of Economy and the Czech Ministry of Industry and Trade was signed by Serbian Minister of Economy Adrijana Mesarovic and Czech Ambassador to Belgrade Jan Bondi.

Mali: Luxembourgish investment in nanotube factory new page in bilateral relations

BELGRADE - At a meeting with Luxembourgish Ambassador to Belgrade Marc Hubsch, Serbian First Deputy PM and Finance Minister Sinisa Mali said a graphene nanotube factory - a first major Luxembourgish investment in Serbia - represented a new page in the history of the relations between the two countries.

Graphene nanotubes are used in production of e-vehicles.

Mali: Serbia to get investment-grade ratings from both Fitch and Moody's by end-2025

WASHINGTON - Serbian First Deputy PM and Finance Minister Sinisa Mali said on Thursday he was optimistic about Serbia obtaining investment-grade ratings from both Fitch and Moody's by the end of next year after Standard & Poor's upgraded the country's rating to investment grade earlier this month.

Serbian delegation to attend IMF-WBG annual meetings in Washington

BELGRADE - National Bank of Serbia (NBS) Governor Jorgovanka Tabakovic and Serbian Deputy PM and Finance Minister Sinisa Mali will attend the annual meetings of the IMF Board of Governors and the World Bank Group, to be held in Washington from October 21 through 26, the central bank has announced.

The delegation is led by Tabakovic, who is also Serbia's governor to the IMF.

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