April 17 (SeeNews) - The International Monetary Fund (IMF) said on Tuesday Serbia's economy will grow by 3.5% in 2018, confirming its earlier forecasts.
In 2019, Serbia's gross domestic product (GDP) is also expected to grow by 3.5%, IMF said in the April edition of its World Economic Outlook (WEO) report.
The 2018 growth forecast affirms both the projection made in the IMF staff report on Serbia published in December and the forecast made in the November WEO report.
Serbia's harmonised consumer price inflation is seen at 2.7% in 2018 and 3.0% in 2019, according to the April WEO report.
Unemployment is projected to fall to 14% at end-2019, from 14.6% in 2017.
Serbia’s current account balance calculated as percentage of GDP is projected at a negative 4.5% in 2018 and negative 4.1% in 2019.