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www.mfin.sr.gov.yu. Republic of Serbia Economic and Structural Reform Challenges and Achievements. Mladjan Dinkic , Minister of Finance November , 2005. GDP per Capita (current USD) and Real Growth Rates. Estimated growth of GDP for the first half of 2005 is 6,1%.
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www.mfin.sr.gov.yu Republic of SerbiaEconomic and Structural Reform Challenges and Achievements Mladjan Dinkic, Minister of Finance November, 2005
GDP per Capita (current USD) and Real Growth Rates Estimated growth of GDP for the first half of 2005 is 6,1%
Official Reserves, in USD mil.,January 1994 – September 2005
Official Reserves relative to Real Money Supply (M1) February 1994 – September 2005
Foreign Trade Deficit and Current Account Deficit (millions of USD and % of GDP)
Regulatory Activity – Laws Adopted by the Parliament 20 guaranties and counter-guaranties issued Laws on restructuring old debts – London Club, Loan for Rehabilitation, government debt to NBS – adopted
Public debt • Significantly lowered external debt • Paris Club • London Club • Foreign debt/GDP dropped to 55% in 2004, down from 169% in 2000 • S&P credit rating (B+/Stable/B) in November 2004, upgrade (BB-/Stable/B) in July 2005 • Fitch credit rating (BB-/Stable/B) in May 2005 • Total foreign debt US$6.6bln, of which: • Paris Club US$ 2.59bln • London Club US$1.08bln • IBRD US$2.20bln • Total domestic debt US$4.7bln • FX Bonds US$4.27bln
FFC Bonds yields Note: Secondary market rates (in Euro) based on BSE closing price