November 29 (SeeNews) - The World Bank plans to invest $1.2 billion (1.1 billion euro) in Serbia in the period between 2022 and 2026, the Serbian finance ministry said.
The cooperation framework envisions strengthening the macro-fiscal framework for greener growth, green investment and the transition to a low-carbon economy, as well as improving the business environment and regional integration, the ministry said in a statement on Friday.
The goal is to strengthen public finances and improve the access to quality health and education services, finance minister Sinisa Mali said after a meeting with the World Bank country manager for Serbia, Europe and Central Asia, Nicola Pontara.
Last month, the World Bank said it expects Serbia's economy to grow by 6.0% this year, increasing its forecast made in June. Next year, Serbia's economic growth is expected to slow down to 4.5%.
($ = 0.88664 euro)