"No arrangement with IMF hurts Serbia's image"Source: Tanjug
WASHINGTON -- Not having an arrangement with the IMF would hurt Serbia's image as a country which keeps its revenue and spending in check in the long-term, Dejan Šoškić says.
In an interview for Tanjug news agency in Washington on Monday, the National Bank of Serbia (NSB) governor said that together with a delegation of the Serbian government, he had had a series of meeting with representatives of the IMF, World Bank and the International Finance Corporation.
We concluded a new precautionary stand-by arrangement with the IMF just last fall and it is very important to get it back on the right track as soon as possible, said Šoškić, nothing Serbia should form a new government and parliament quickly because it needed new regulations which would speed up reforms.
This is particularly important in the domain of fiscal activities, as it would allow us to maintain our relatively solid position in the international financial market in terms of financing our total debt, said the NBS governor.
According to Šoškić, it is important to form a functional parliament which will be able to pass all the necessary legislation.
Šoškić said the talks in Washington were open, intensive and productive, adding that one of the topics were the modalities of assistance the World Bank offers to Serbia.