Dinkić presents govt. plan to IMF
Economy Minister Mlađan Dinkić presented in Belgrade on Wednesday the government plant to cover Serbia's budget deficit to an IMF delegation.
Wednesday, 26.08.2009.
15:14
Economy Minister Mladjan Dinkic presented in Belgrade on Wednesday the government plant to cover Serbia's budget deficit to an IMF delegation. The International Monetary Fund (IMF) mission arrived here earlier this week for talks on a revision of its loan arrangement with Serbia. Dinkic presents govt. plan to IMF According to Beta news agency reports, the government plans to cover the budget deficit without hiking taxes and other duties toward businesses and citizens. The plan, based on lower public spending – but without cuts in pensions and budget salaries, has not met with IMF's opposition; however, the agency says, they insist on a precise calculation of budget revenues and expenditures, as well as the state's obligations that would guarantee that all obligations toward the state coffers would be met in time. The IMF mission started its meetings with Serbia's officials on Aug. 24, to negotiate a revision of the current loan arrangement worth EUR 2.9bn. The mission will continue the meetings until the end of next week.
Dinkić presents govt. plan to IMF
According to Beta news agency reports, the government plans to cover the budget deficit without hiking taxes and other duties toward businesses and citizens.The plan, based on lower public spending – but without cuts in pensions and budget salaries, has not met with IMF's opposition; however, the agency says, they insist on a precise calculation of budget revenues and expenditures, as well as the state's obligations that would guarantee that all obligations toward the state coffers would be met in time.
The IMF mission started its meetings with Serbia's officials on Aug. 24, to negotiate a revision of the current loan arrangement worth EUR 2.9bn. The mission will continue the meetings until the end of next week.
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