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Serbia's GDP will grow 3 percent in 2018 - World Bank

At the same time, it is projecting Serbia's debt-to-GDP ratio to drop to 56 percent this year, as well as to 54.3 in 2019 and 52 pct in 2020.

During a news conference in Belgrade, analysts of the World Bank stated that, after the "disappointing" 1.9 percent in 2017, Serbia's economic recovery in the medium term would be based on growth in spending, not exports.

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