Regulatory Alerts2023-12-21
Monetary Policy Programme of the National Bank of Serbia in 2024
The National Bank of Serbia establishes a 3.0% inflation target with a ±1.5 percentage point tolerance band, maintained through the end of 2026, to ensure price stability and support sustainable economic growth. The central bank will utilize the key policy rate, reserve requirements, and managed floating exchange rate interventions to manage liquidity and mitigate excessive currency volatility while preserving adequate foreign exchange reserves. Additionally, the programme outlines commitments to financial stability, non-performing loan reduction, and the continued promotion of dinarisation alongside coordinated fiscal and structural policies.
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