IMF, Serbian government launch talks

Serbian officials met in Belgrade on Monday with a visiting IMF mission and opened talks on the first review of the current precautionary stand-by arrangement.

Izvor: Beta

Tuesday, 07.02.2012.

09:26

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Serbian officials met in Belgrade on Monday with a visiting IMF mission and opened talks on the first review of the current precautionary stand-by arrangement. The talks started with a plenary meeting in the National Bank of Serbia, Beta is reporting. IMF, Serbian government launch talks Zuzana Murgasova is leading the IMF Mission to Serbia for the first time, and the meeting at the National Bank was attended by Governor Dejan Soskic and his associates. Prime Minister Mirko Cvetkovic also spoke with the IMF delegation. The Serbian budget and the macroeconomic framework for 2012, as well as the structural reforms recently implemented by Serbia, were also topics of discussion, government officials said. Advisor to the prime minister Jurij Bajec said on Monday that the Serbian government will stay strictly within the bounds of the budget and that Cvetkovic explained this very clearly to the IMF officials. "The government will strictly abide by the budget and those very clear explanations which say that the amount of issued guarantees and the amount of issued state bonds will not go outside the limits which could jeopardize the functioning of the state in the period until the budget balancing," Bajec told state broadcaster RTS. The IMF Mission, which has been in Belgrade since Feb. 2, ought to come to an agreement with Serbian government representatives by Feb. 9 on the end of the first review of the current stand-by arrangement The objectives of the economic program agreed with the IMF and the macroeconomic framework for 2012 will be discussed. Particular attention will be devoted, as announced, to the 2012 budget, the implementation of agreed fiscal policy measures and adherence to established fiscal rules. The meeting in Belgrade on Monday (Beta) Beta Tanjug

IMF, Serbian government launch talks

Zuzana Murgasova is leading the IMF Mission to Serbia for the first time, and the meeting at the National Bank was attended by Governor Dejan Šoškić and his associates.

Prime Minister Mirko Cvetković also spoke with the IMF delegation. The Serbian budget and the macroeconomic framework for 2012, as well as the structural reforms recently implemented by Serbia, were also topics of discussion, government officials said.

Advisor to the prime minister Jurij Bajec said on Monday that the Serbian government will stay strictly within the bounds of the budget and that Cvetković explained this very clearly to the IMF officials.

"The government will strictly abide by the budget and those very clear explanations which say that the amount of issued guarantees and the amount of issued state bonds will not go outside the limits which could jeopardize the functioning of the state in the period until the budget balancing," Bajec told state broadcaster RTS.

The IMF Mission, which has been in Belgrade since Feb. 2, ought to come to an agreement with Serbian government representatives by Feb. 9 on the end of the first review of the current stand-by arrangement

The objectives of the economic program agreed with the IMF and the macroeconomic framework for 2012 will be discussed. Particular attention will be devoted, as announced, to the 2012 budget, the implementation of agreed fiscal policy measures and adherence to established fiscal rules.

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