Whatever the structure of housing finance is to become, the large overhang of problem loans and weak housing markets will necessitate a gradual transition. Based on all of these assumptions, I expect a gradual decline in unemployment this year and little change in the underlying rate of inflation.
When faced with the many challenges arising from the international environment, which we also anticipate in the coming period, it is crucial that Serbia’s external and fiscal positions are much better than in previous crises, which is attributable to the responsible economic policy pursued in the previous period.