Governor of the National Bank of Serbia Jorgovanka Tabakovic she stated that the basic question Oil Industries of Serbia (NIS) the issue of ownership and added that "love is for love, but cheese for money."
She pointed out that the most important thing is that someone who has an ownership stake in his company should also get it.
"I think it's the right solution. No one asks me. They didn't even ask me when Komercijalna banka was privatized, which I will never be able to regret. I'm not the one who decides on behalf of the state," Tabaković said at the press conference during the presentation of the report on inflation.
She said that procrastination exhausts and costs Serbia, but that Serbia must react to what is happening at other levels.
"The state leadership is fighting to realize its ownership right and to help that change of ownership that would not jeopardize the further work of NIS, which is now functioning normally, but also to Petrochemistry continue to function," said Tabakovic.
Photo: Marija JankovićNovac
Inflation within target limits
She stated that according to the new NBS projection, inflation should continue to move within the target of three plus or minus 1,5 percent and that it will average 3,6 percent this year, while, according to the revised projection, Serbia's GDP growth in 2026 was reduced from 3,5 to three percent.
She specified that inflation in the rest of the current quarter, as well as in the third quarter, will on average be within the target limits, and that the NBS has revised the economic growth forecast due to the worsening of geopolitical tensions due to the war in the Middle East.
"Due to the impact of prolonged global uncertainty on investment confidence, since last year we revised the growth of economic activity in 2027 from five to 4,5 percent," said Tabaković.
According to her, the significant increase in the world price of oil and other products, combined with the low base from September last year, due to the application of the regulation limiting the margins in wholesale and retail trade to 20 percent, will affect the fact that inflation at the end of the current year and the beginning of the next year will temporarily be slightly above the upper limit of the target.
"After that, inflation will slow down and return to the target range, given that already in the second quarter of 2027, on average, we see it at the upper limit of the target," stated Tabaković.
Source: FoNet/Beta
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