IMF delegation to visit Serbia
A delegation of the International Monetary Fund (IMF) will arrive here on Wednesday for the seventh and final review of the current stand-by arrangement.
Wednesday, 09.02.2011.
11:03
A delegation of the International Monetary Fund (IMF) will arrive here on Wednesday for the seventh and final review of the current stand-by arrangement. The loan arrangement between the IMF and Serbia expires in April. IMF delegation to visit Serbia The IMF delegation will be headed by Albert Jaeger, and the discussion will mainly focus on Serbia's macroeconomic development and results regarding the goals set for late 2010, the international financial institution's Belgrade office said. By the end of this week, the IMF delegation should carry out the preparatory, technical talks, and the official talks should begin on Monday, February 14. The IMF delegation will stay in Belgrade until February 22. As Tanjug has learned earlier from IMF's permanent representative in Belgrade Bogdan Lissovolik, the talks will also touch on the remaining structural reforms, particularly the one regarding establishing a mechanism for restructuring corporate debt. Prior to the last review under the IMF stand-by arrangement with Serbia, Lissovolik said that the Serbian authorities had in general satisfactorily implemented the program, although the results varied in different fields. According to the stand-by arrangement signed between the IMF and Serbia in May 2009, Serbia was granted a loan worth EUR 2.87 billion for strengthening foreign exchange reserves. So far, EUR 1.48 billion of the loan have been used.
IMF delegation to visit Serbia
The IMF delegation will be headed by Albert Jaeger, and the discussion will mainly focus on Serbia's macroeconomic development and results regarding the goals set for late 2010, the international financial institution's Belgrade office said.By the end of this week, the IMF delegation should carry out the preparatory, technical talks, and the official talks should begin on Monday, February 14. The IMF delegation will stay in Belgrade until February 22.
As Tanjug has learned earlier from IMF's permanent representative in Belgrade Bogdan Lissovolik, the talks will also touch on the remaining structural reforms, particularly the one regarding establishing a mechanism for restructuring corporate debt.
Prior to the last review under the IMF stand-by arrangement with Serbia, Lissovolik said that the Serbian authorities had in general satisfactorily implemented the program, although the results varied in different fields.
According to the stand-by arrangement signed between the IMF and Serbia in May 2009, Serbia was granted a loan worth EUR 2.87 billion for strengthening foreign exchange reserves. So far, EUR 1.48 billion of the loan have been used.
Komentari 0