Regulatory Alerts2024-12-25
Monetary Policy Programme of the National Bank of Serbia in 2025
The National Bank of Serbia issued its 2025 Monetary Policy Programme to maintain price stability with an annual inflation target of 3.0% plus or minus 1.5 percentage points through 2027. The central bank will utilize the key policy rate, reserve requirements, and managed floating exchange rate interventions to manage liquidity and mitigate volatility while supporting sustainable economic growth. Additionally, the document outlines commitments to financial system stability, the reduction of non-performing loans, the promotion of dinarisation, and alignment with the Government of Serbia's fiscal and structural policies.
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