The Governor of the National Bank of Serbia, Jorgovanka Tabakovic, stated that inflation in Serbia is currently around 3.8%, with an expected decrease to about 3% by the end of the year. She emphasized that the banking sector is well capitalized and liquid, with a low level of non-performing loans at 2.3%. She also highlighted improvements in the regulatory framework, including laws on bank restructuring and protection of financial service users. Tabakovic stressed the importance of the stability of the dinar exchange rate and announced Serbia’s joining of the SEPA payment area, which will improve cross-border payments. Interest rate caps and responsible lending are also part of new measures to protect consumers.
Political Perspectives:
Left: Left-leaning outlets emphasize the social impact of inflation and the importance of protecting consumers through regulatory measures. They highlight the role of the National Bank in maintaining financial stability and protecting citizens from predatory lending practices. The focus is on responsible lending, consumer protection, and the social benefits of a stable banking sector.
Center: Center-leaning sources report on the technical aspects of inflation trends and banking sector health, focusing on the data provided by the National Bank. They present a balanced view of the regulatory improvements and economic indicators, emphasizing the importance of maintaining financial stability and gradual inflation reduction. The narrative is factual and highlights the cooperation between banks and regulators.
Right: Right-leaning media stress the positive economic indicators such as low inflation, well-capitalized banks, and the stability of the dinar. They emphasize the success of government policies and the National Bank’s management. The narrative often includes praise for the banking sector’s resilience and the importance of maintaining a stable currency for economic prosperity.