Growth in 2011–12, the final year of the Eleventh Plan, which was originally projected at around 9.0 per cent, continuing the strong rebound from the crisis, was eventually recorded at 6.5 per cent. The slowdown of the economy in 2011–12 compared to the previous year was a phenomenon common to all major economies.
In a few moments, my colleagues from the Directorate for Economic Research and Statistics will inform you about the details of our latest projections, but I too would like to underline that Serbia’s macroeconomic outlook is even more favourable than it was when we last met in May. We expect economic growth to accelerate to 2.5% this and 3% next year.