**Serbia Solved Inflation Problem, Says Finance Minister**
Serbia’s finance minister, Sinisa Mali, said on Monday that the country had solved its inflation problem. He described inflation as one of the six biggest global challenges.
Mali was speaking at a business forum in Kopaonik. He said that last year, Serbia faced high inflation levels and took steps to tackle it successfully. The country now no longer faces this issue.
**Global Challenges Ahead**
Mali pointed out that there are other major global challenges ahead, including the possibility of another coronavirus pandemic, the ongoing war in Ukraine, and rapid developments in artificial intelligence (AI). He also mentioned potential breaks in global supply chains and trade wars between the US and China, as well as the European Union.
The finance minister said that these challenges are difficult for small countries like Serbia to deal with. However, he expressed confidence that Serbia is handling them correctly.
**Economic Growth**
Mali presented positive economic numbers for Serbia. The country’s GDP now stands at over 82 billion euros, compared to 35 billion euros in 2012. Public debt accounts for around 44% of the GDP. Employment and unemployment rates are at record levels, and foreign direct investment (FDI) has been steadily increasing, reaching 5.2 billion euros in 2024.
**Targeting a High-Income Economy**
The finance minister said that Serbia aims to have a GDP of more than 100 billion euros by 2027. He emphasized the importance of achieving this goal and becoming a high-income economy.
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