IMF mission in Belgrade on Monday
The International Monetary Fund (IMF) mission will arrive on Monday to continue talks regarding the third revision of its credit arrangement with Serbia.
Sunday, 07.02.2010.
16:53
The International Monetary Fund (IMF) mission will arrive on Monday to continue talks regarding the third revision of its credit arrangement with Serbia. The IMF delegation will hold talks with various technical experts of the government and National Bank of Serbia. IMF mission in Belgrade on Monday The IMF has warned Serbia that is not honoring the decision for freezing wages and pensions and the plans for the rationalization of the administration. The international financial institution stated that the government adopted EUR 120mn more than was agreed for wages in the administration, while the implementation of the plan for cutting the number of employees in the public administration is running late. A member of the Serbian Prime Minister’s economic team, Dejan Soskic, said that he expects the IMF to have understanding for the tardiness in letting people go from the administration. “Some things need to be implemented in accordance with realistic possibilities. In other words, it is not realistic to expect to finish all this in one or two months,” he said. “Sometimes the procedural questions are such that they are impossible to solve in a short period of time, so I believe that it is important whether we are working in accordance with the chosen orientation, and whether there are some objective circumstances for the tardiness,” Soskic said.
IMF mission in Belgrade on Monday
The IMF has warned Serbia that is not honoring the decision for freezing wages and pensions and the plans for the rationalization of the administration.The international financial institution stated that the government adopted EUR 120mn more than was agreed for wages in the administration, while the implementation of the plan for cutting the number of employees in the public administration is running late.
A member of the Serbian Prime Minister’s economic team, Dejan Šoškić, said that he expects the IMF to have understanding for the tardiness in letting people go from the administration.
“Some things need to be implemented in accordance with realistic possibilities. In other words, it is not realistic to expect to finish all this in one or two months,” he said.
“Sometimes the procedural questions are such that they are impossible to solve in a short period of time, so I believe that it is important whether we are working in accordance with the chosen orientation, and whether there are some objective circumstances for the tardiness,” Šoškić said.
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