Analysis of public debt of Republic Serbia from 2011 to 2014 with projections for future period

Abstract

The problem of indebtedness of Republic Serbia has received serious proportions in the last few years, which is mostly a reflection of the irresponsible attitude and the excessive borrowing of funds, which dates from the time of former Yugoslavia. The problem of this paper presents the current state of indebtedness of the Republic of Serbia and the analyse of public debt. The aim of the research is to analyze the current situation and to try to give projections of future instant, as well as suggestions for solution of the current situation. The first part is a review of the structure of public debt of the Republic Serbia. In the second part, the special attention is paid to to public debt management strategy and the expected level of public debt of Republic Serbia until 2017. Concluding considerations and expectations of monetary authorities are given at the end.

Keywords

• public debt
• public debt management strategy
• indebtedness