Serbia and IMF begin review talks

The International Monetary Fund will begin talks with the Serbian government in Belgrade Thursday regarding the seventh revision of the stand-by arrangement. The meetings come ahead of the loan deal's expiry in April, Tanjug learned at the IMF Belgrade Office. Serbia and IMF begin review talks The IMF mission, headed by Albert Jaeger, is to stay in Serbia until February 22. By the end of the week, the IMF delegation ought to carry out talks on technical matters, while the official part of the talks is due to begin on Monday, February 14, by a plenary meeting at the National Bank of Serbia. According to announcements, main topics of the Serbia-IMF talks will include Serbia's macroeconomic development within the IMF program and the performance regarding goals set for the end of 2010. As IMF Permanent Representative in Belgrade Bogdan Lissovolik told Tanjug earlier, the talks will also cover the remaining structural reforms, especially the matter of setting up a mechanism for restructuring corporate debt. The country's arrangement with the IMF, which was signed in May 2009, allowed Serbia to take out an EUR 2.87bn loan for strengthening foreign exchange reserves. Of this sum, the country has used up approximately EUR 1.48bn.

Serbia and IMF begin review talks

The IMF mission, headed by Albert Jaeger, is to stay in Serbia until February 22.

By the end of the week, the IMF delegation ought to carry out talks on technical matters, while the official part of the talks is due to begin on Monday, February 14, by a plenary meeting at the National Bank of Serbia.

According to announcements, main topics of the Serbia-IMF talks will include Serbia's macroeconomic development within the IMF program and the performance regarding goals set for the end of 2010.

As IMF Permanent Representative in Belgrade Bogdan Lissovolik told Tanjug earlier, the talks will also cover the remaining structural reforms, especially the matter of setting up a mechanism for restructuring corporate debt.

The country's arrangement with the IMF, which was signed in May 2009, allowed Serbia to take out an EUR 2.87bn loan for strengthening foreign exchange reserves. Of this sum, the country has used up approximately EUR 1.48bn.