"Serbia-IMF talks focus on 2016 budget"

The 2016 budget plan will be the focus of the talks, in addition to a set of policies, between the Serbian government and the IMF mission.

Source: Tanjug
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It is part of the third review under Serbia's precautionary stand-by arrangement with the IMF, head of the IMF mission to Serbia James Roaf told Tanjug on Friday.

We are in Belgrade to discuss the third review under the arrangement, said Roaf, adding that the talks are planned to last two weeks.

Serbia signed a precautionary stand-by arrangement with the IMF worth EUR 1.2 billion in February this year.

The IMF Executive Board has recently confirmed the positive assessment of the second review.

The third review of the IMF arrangement has been underway since Thursday.

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