Government, IMF officials in agreement

Serbian Deputy PM Jovan Krkobabić and the delegation of the IMF reached full agreement on Monday, reported Tanjug.

Izvor: Beta

Tuesday, 26.10.2010.

09:37

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Serbian Deputy PM Jovan Krkobabic and the delegation of the IMF reached full agreement on Monday, reported Tanjug. The agreement concerns the previously established project of reform of the pension and disability insurance system in this country. Government, IMF officials in agreement During the meeting with IMF Head of Mission Albert Jaeger and Resident Representative in Belgrade Bogdan Lissovolik, it was concluded that there are no differences in the interpretation of offered solutions in the Law on Pension and Disability Insurance. Krkobabic will meet with the IMF representatives one more time during their stay in Belgrade, which ends on November 2, Krkobabic's cabinet said in a statement in Belgrade today. The Serbian government and the International Monetary Fund (IMF) began official talks in Belgrade on Monday, Beta news agency reported. The meetings are s part of the sixth revision of the loan standby arrangement, worth around EUR 3bn. To date, Serbia has withdrawn EUR 1.45bn of that arrangement to strengthen foreign currency reserves. The main themes of the talks were the rebalance of the 2010 budget and the 2011 fiscal framework. New macro-economic trends will also be discussed with IMF representatives who are staying in Belgrade until Nov. 2. The talks began with a meeting in the National Bank of Serbia (NBS), at which NBS Governor Dejan Soskic, deputy prime ministers Mladjan Dinkic and Jovan Krkobabic, Finance Minister Diana Dragutinovic and NBS Council of Governors President Bosko Zivkovic were present as the Serbian delegation. At a meeting between Prime Minister Mirko Cvetkovic and Finance Minister Diana Dragutinovic and the IMF Mission, led by Albert Jaeger, it was agreed that the government would adopt amendments to the Law on Pension and Disability Insurance and forward them to the Serbian Parliament before the end of the sixth revision of the loan arrangement. On Oct. 22, the government withdrew from parliamentary procedure the draft amendments to the Law on Pension Insurance, the adoption of which had been agreed with the IMF. Serbian officials meet with the IMF delegation (Beta)

Government, IMF officials in agreement

During the meeting with IMF Head of Mission Albert Jaeger and Resident Representative in Belgrade Bogdan Lissovolik, it was concluded that there are no differences in the interpretation of offered solutions in the Law on Pension and Disability Insurance.

Krkobabić will meet with the IMF representatives one more time during their stay in Belgrade, which ends on November 2, Krkobabić's cabinet said in a statement in Belgrade today.

The Serbian government and the International Monetary Fund (IMF) began official talks in Belgrade on Monday, Beta news agency reported.

The meetings are s part of the sixth revision of the loan standby arrangement, worth around EUR 3bn.

To date, Serbia has withdrawn EUR 1.45bn of that arrangement to strengthen foreign currency reserves.

The main themes of the talks were the rebalance of the 2010 budget and the 2011 fiscal framework. New macro-economic trends will also be discussed with IMF representatives who are staying in Belgrade until Nov. 2.

The talks began with a meeting in the National Bank of Serbia (NBS), at which NBS Governor Dejan Šoškić, deputy prime ministers Mlađan Dinkić and Jovan Krkobabić, Finance Minister Diana Dragutinović and NBS Council of Governors President Boško Živković were present as the Serbian delegation.

At a meeting between Prime Minister Mirko Cvetković and Finance Minister Diana Dragutinović and the IMF Mission, led by Albert Jaeger, it was agreed that the government would adopt amendments to the Law on Pension and Disability Insurance and forward them to the Serbian Parliament before the end of the sixth revision of the loan arrangement.

On Oct. 22, the government withdrew from parliamentary procedure the draft amendments to the Law on Pension Insurance, the adoption of which had been agreed with the IMF.

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