Economy of Croatia

Serbia reduces foreign exchange deficit by 23 percent

BELGRADE -- Serbia's external trade totaled USD 35.16 billion in 2013, which constitutes a 16.6 percent increase relative to the previous year.

The country has managed to reduce its foreign exchange deficit by 22.9 percent, the Statistical Office of the Republic of Serbia (RZS) said on Wednesday.

BELGRADE - Serbian Minister of Trade, Tourism and Telecommunications Rasim Ljajic said Saturday that the ministry plans to increase tourism revenue from USD 1 billion reported this year to USD 1.3 billion in 2015, as well as to increase the number of employees in the sector from 70,000 to 100,000 and the number of ovenight stays from the present 6.6 to 10 million.