IMF Mission to arrive in Serbia Thursday

BELGRADE - An International Monetary Fund (IMF) mission led by James Roaf will visit Belgrade Thursday for discussions on the sixth review under a precautionary stand-by arrangement with Serbia.

During the visit, which ends on November 1, the mission will review fiscal performance and conclude discussions on the 2017 budget; follow up on progress in the financial sector reform agenda, evaluate progress in key structural reforms; and discuss new structural conditionality for 2017, IMF Resident Representative for Serbia Sebastian Sosa has announced earlier.

The IMF Executive Board approved a 36-month, 1.2 bln euro stand-by arrangement for Serbia on February 23, 2015