Roaf: Serbian economy has been strengthened dramatically

BELGRADE - The government and the National Bank of Serbia have strengthened the national economy dramatically, IMF Mission head James Roaf said in Belgrade on Wednesday.

After five years of slow growth, an unsustainable fiscal position and NPLs in banks, a great turnaround in macroeconomic results has taken place, Roaf told a press conference concluding the Mission's visit aimed at conducting the seventh review under the IMF's stand-by arrangement with Serbia.

Public sector salaries main condition for review approval

BELGRADE - The main condition for approval of the seventh review under the stand-by arrangement the IMF has with Serbia is related to the public sector salary system as passage of legislation has been delayed by elections, IMF Mission chief James Roaf said on Wednesday.

Progress in passing legislation, which is also a part of the...