Analyze

07.April 2022. Radmilo Marković

Public debt of Serbia: Patching the holes with excessive borrowing

Behind the exaggerated statistics about the reduction of public debt is an indisputable fact: the total amount of Serbia's public debt has increased by around 2021 million euros compared to December 300. At the same time, there is no longer any interest in Serbian securities, the foreign trade deficit could exceed 10 billion euros by the end of the year, and there are no direct foreign investments. The question is what will be used to pay the public debt, apart from new borrowing