NBS: Successful conclusion of IMF arrangment confirms credibility of Serbia's policies

BELGRADE - The IMF Executive Board decided on Monday the fourth and last review of the implementation of the current stand-by arrangement concluded with Serbia in December 2022 for a period of 24 months has been completed successfully, and approved a three-year Policy Coordination Instrument, the National Bank of Serbia (NBS) has said.

"The IMF estimated that Serbia has successfully implemented measures within the agreed economic programme and exceeded the plan, with excellent prospects going forward," the central bank said in a statement late on Monday.

"The successful conclusion of the fourth and final review of the Stand-By Arrangement confirms yet again that Serbia is implementing credible policies. The fact that the IMF approved the Policy Coordination Instrument to Serbia for the third time shows that the IMF expects sound economic policies to continue in the...