PM: IMF will be satisfied with reforms
Serbian Prime Minister Aleksandar Vucic said on Sunday that the International Monetary Fund (IMF) would be satisfied about economic reforms.
Monday, 15.02.2016.
12:15
PM: IMF will be satisfied with reforms
Vucic said that two major problems - public administration rationalization and the RTB Bor and Resavica mines - remained, but solutions would be found for them.He added that Serbia was working together with the World Bank and the EBRD and expected to "pass" the fourth and even fifth review.
"The fifth (review) arrives in June and whoever may be in the government at that time will have the toughest job on their hands. We will have more obligations to meet even before they start the review. These aren't easy or popular things to do, but they are making our economy healthier and we will do it," said Vucic.
IMF mission to visit Belgrade February 17-26
An International Monetary Fund (IMF) mission will arrive in Belgrade on February 17, and official discussions between representatives of the international financial institution and the Serbian authorities are planned to start on February 18.The negotiations will be running until February 26, Tanjug learned on Friday.
Serbia concluded a three-year, EUR 1.2 billion precautionary stand-by arrangement with the IMF in February 2015.
IMF officials pointed out earlier that Serbia opted for a precautionary arrangement because it had no plans to withdraw the money.
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