2025-12-15

Decision on the Monetary Policy Programme of the National Bank of Serbia in 2026

The Executive Board of the National Bank of Serbia issued this Decision to define the central bank's Monetary Policy Programme for 2026. The regulation establishes the framework for monetary policy implementation during the specified year. It was adopted on 11 December 2025 and entered into force on 1 January 2026.

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RS Official Gazette, No 112/2025 Pursuant to Article 14, paragraph 1, item 1) of the Law on the National Bank of Serbia (RS Official Gazette, Nos 72/2003, 55/2004, 85/2005 – other law, 44/2010, 76/2012, 106/2012, 14/2015, 40/2015 – Constitutional Court decision, 44/2018 and 19/2025), the Executive Board of the National Bank of Serbia hereby issues DECISION ON THE MONETARY POLICY PROGRAMME OF THE NATIONAL BANK OF SERBIA IN 2026

  1. This Decision defines the Monetary Policy Programme of the National Bank of Serbia in 2026, which is integral hereto.
  2. This Decision shall be published in the RS Official Gazette and shall enter into force on 1 January 2026. NBS Executive Board No 108 Chairperson 11 December 2025 NBS Executive Board Belgrade Governor of the National Bank of Serbia Dr Jorgovanka Tabaković, sgd.