IMF: Approved budget basis to resume talks

IMF's Daehaeng Kim has said that the approved 2014 Serbian budget provides a basis to resume discussions on a potential fund-supported program with Serbia.

Izvor: Tanjug

Friday, 20.12.2013.

09:23

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BELGRADE IMF's Daehaeng Kim has said that the approved 2014 Serbian budget provides a basis to resume discussions on a potential fund-supported program with Serbia. “Following the authorities' request for a new program, an initial negotiating mission to Belgrade is envisioned in early 2014,” theInternational Monetary Fund (IMF) resident representative for Serbia said in a statement. IMF: Approved budget basis to resume talks In a statement for Bloomberg News, Serbia's First Deputy Prime Minister Aleksandar Vucic said that Serbia is ready to start talks with the IMF on a new program next month and wants to resolve possible obstacles to the talks. said the country has been working closely with the IMF since October and is now in a position to start discussions on a precautionary program with the Washington-based lender. He added that Serbia will be open about the problems that it has and that he hopes talks will start in February. He said that the country is looking for a precautionary program with the IMF to support its planned reforms, convince investors that it is safe and stable for investment and open access to cheaper funding. Tanjug

IMF: Approved budget basis to resume talks

In a statement for Bloomberg News, Serbia's First Deputy Prime Minister Aleksandar Vučić said that Serbia is ready to start talks with the IMF on a new program next month and wants to resolve possible obstacles to the talks.

said the country has been working closely with the IMF since October and is now in a position to start discussions on a precautionary program with the Washington-based lender.

He added that Serbia will be open about the problems that it has and that he hopes talks will start in February.

He said that the country is looking for a precautionary program with the IMF to support its planned reforms, convince investors that it is safe and stable for investment and open access to cheaper funding.

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