IMF and WB "praise Serbia's progress"

The IMF and the World Bank "praised Serbia's progress in implementing a 3-year precautionary stand-by arrangement the government agreed with the IMF in 2015."

Izvor: Tanjug

Friday, 15.04.2016.

12:45

IMF and WB
(Tanjug/AP)

IMF and WB "praise Serbia's progress"

On the fringes of an IMF-WB meeting in Washington, held as part of the institutions' spring session, Serbian Finance Minister Dusan Vujovic met with WB Country Director for the Western Balkans Ellen Goldstein, who said that Serbia has achieved special results in the field of macro-monetary stabilization and fiscal consolidation.

Serbia's reversal of a negative GDP growth trend undeniably points to positive progress in implementing the program, Goldstein also said.

Serbia must persevere in structural reforms it has initiated and continue on the path of dynamic economic growth and a stable macroeconomic situation, Vujovic said, highlighting the significance of the support provided by the WB in this field through structural and other loans.

Serbia is sending a positive message to the world, said Goldstein, noting that she is optimistic about the direction the country is heading in and confident that the set objectives will be achieved.

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