IMF mission on 14-day visit to Serbia from May 8

A mission from the IMF will be in Belgrade from May 8-21 and consult with officials of the Serbian government and central bank about current economic trends.

Izvor: Tanjug

Tuesday, 07.05.2013.

12:18

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BELGRADE A mission from the IMF will be in Belgrade from May 8-21 and consult with officials of the Serbian government and central bank about current economic trends. The mission will be led by Zuzana Murgasova, the IMF office in Belgrade stated earlier. IMF mission on 14-day visit to Serbia from May 8 Serbian officials said earlier the topics would include macroeconomic trends, implementation of the budget plan and the possibility of a new arrangement with the IMF, but without taking out a loan, which would be another arrangement out of precaution. IMF's presence in Serbia is desired and it would be best to achieve at least a three-year precautionary arrangement, National Bank of Serbia Governor Jorgovanka Tabakovic said in Washington in late April. An IMF mission was in Belgrade last time in November 2012, when the two-week talks focused on reforms meant to reduce the public debt and fiscal deficit, achieve fiscal consolidation and on the 2013 draft budget. Serbia and the IMF signed their most recent agreement in September 2011, which was frozen in February next year because the 2012 budget was not according to the agreed fiscal programme. (file) Tanjug

IMF mission on 14-day visit to Serbia from May 8

Serbian officials said earlier the topics would include macroeconomic trends, implementation of the budget plan and the possibility of a new arrangement with the IMF, but without taking out a loan, which would be another arrangement out of precaution.

IMF's presence in Serbia is desired and it would be best to achieve at least a three-year precautionary arrangement, National Bank of Serbia Governor Jorgovanka Tabaković said in Washington in late April.

An IMF mission was in Belgrade last time in November 2012, when the two-week talks focused on reforms meant to reduce the public debt and fiscal deficit, achieve fiscal consolidation and on the 2013 draft budget.

Serbia and the IMF signed their most recent agreement in September 2011, which was frozen in February next year because the 2012 budget was not according to the agreed fiscal programme.

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