Fitch keeps Serbia’s rating positive; growth expected.

The rating agency “Fitch” has maintained positive prospects for Serbia obtaining an investment grade, while keeping its credit rating at BB+. An accelerated GDP growth is expected, supported by economic policies, strong economic growth driven by investments, and a reduction in public debt relative to GDP. Serbia’s fiscal policy is anchored by an agreement with the IMF, and the country’s external position has improved due to high inflows of foreign investments. The agency forecasts stable inflation and an increase in foreign exchange reserves.