The World Bank

BELGRADE - Serbian President Aleksandar Vucic thanked the French Development Agency and the World Bank on Friday for their huge support and funds provided to local self-government authorities in Serbia to enable them to bid for various projects.

The Agriculture and Forestry Ministry has announced that it will provide smart agriculture training to a total of 43,000 farmers in order to ensure the sustainable utilization of natural resources and promote water conservation in agriculture.

From the ashes of World War II, three institutions were created as linchpins of a new global order. Now, in an unusual move, the top official in one — the secretary-general of the United Nations — is pressing for major changes in the other two.

BELGRADE - Serbian Minister of Internal and External Trade Tomislav Momirovic said on Tuesday regional economic integration was one of his government's main goals and added that CEFTA states were Serbia's top external trade partners behind the EU.

The G7 plans to launch a partnership scheme to diversify supply chains this year, ministers from the group said Saturday following finance talks in Japan ahead of a major summit next week.    

The ministers did not directly mention efforts to reduce reliance on trade with China or Russia as motivation for the new framework, which focuses on clean energy technology.   

Former Turkish economy minister Kemal Dervis, August 21, 2002, in Ankara. Photo: EPA PHOTO EPA/TARIK TINAZAY

BELGRADE - The World Bank forecasts Serbia's GDP growth to be 2.3 pct in 2023 and 3-4 pct in the next two years.

Speaking at a presentation of the World Bank Regular Economic Report for the Western Balkans, World Bank Country Manager for Serbia Nicola Pontara said 2023 GDP growth in the region was projected at 2.6 pct.

Bulgaria's economy will grow by 1.4 percent this year, after 3.4 percent growth in 2022. This is stated in the spring forecast of the International Monetary Fund, whose managing director is Kristalina Georgieva. From there, they expect inflation in our country to decrease to 7.5 percent in 2023 after the growth of 13% on an average harmonized basis for 2022.

WASHINGTON - The World Bank Board of Executive Directors approved on Friday a 27.7 mln euro loan to support Serbia in its effort to deepen and further develop its capital markets with a Catalysing Long Term Finance Through Capital Markets Project.

The international community and the European Union should be generous in pledging financial support to Türkiye for the reconstruction of the country after two devastating earthquakes, a senior Turkish official has said, days before a donors' conference will be held in Brussels.