USD 1bn precautionary deal reached with IMF

Serbian officials and an International Monetary Fund (IMF) mission have agreed on a three-year precautionary arrangement worth about USD 1 billion.

Izvor: Beta

Thursday, 20.11.2014.

15:17

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USD 1bn precautionary deal reached with IMF

She stated that the agreement must be approved by the management and the Executive Board of the IMF.

The economic program that the government of Serbia has conducted in consultation with the IMF, said Murgasova, aims to create the conditions for macroeconomic stability, sustainable growth and new jobs in the medium term.

The IMF mission arrived in Belgrade on November 4.

Since 2000, Serbia has had six arrangement with the IMF.

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