International Monetary Fund

BELGRADE - National Bank of Serbia (NBS) Governor Jorgovanka Tabakovic met with new IMF Resident Representative in Serbia Lev Ratnovski on Monday.

The International Monetary Fund said it reached a new $7 billion loan deal with Pakistan in a bid to bolster its faltering economy.

Islamabad agreed in exchange to conduct further unpopular reforms, including widening the South Asian nation's chronically low tax base.

BELGRADE - National Bank of Serbia (NBS) gross FX reserves reached 27,506.5 mln euros at end-June, their highest level since monitoring began in 2000, the NBS said on Wednesday.

The reserves rose by 2,349.4 mln euros from the previous month, it said in a statement.

BELGRADE - The Executive Board of the International Monetary Fund (IMF) has decided that a third - and penultimate - review of the results of Serbia's economic programme, supported by a stand-by arrangement, has been completed successfully, the National Bank of Serbia (NBS) said on Monday.

Bulgarian businesses are facing a critical juncture as they grapple with escalating wages amidst persistently low productivity, prompting calls for substantial reforms in the labor market and education system to bolster competitiveness. Economists at the Ministry of Finance's Council for Economic Analysis recently highlighted these challenges during their annual conference.

Ukrainian President Volodymyr Zelensky has revealed his efforts towards formulating a new "diplomatic plan" aimed at resolving the ongoing war. He expressed confidence that the proposed plan will garner significant backing from the international community. Zelensky also announced the successful return of at least ten Ukrainian civilians who were held captive in Russia and Belarus.

Family, friends and fellow protesters carry the body of Ibrahim Kamau, 19, as they procession and chant slogans to show their respects in the streets of Nairobi, on June 28, 2024.

Any proposed reductions in the Tax are not an appropriate tool for solving the structural problem of high prices, says the House Budget Office in its quarterly report.

The International Monetary Fund (IMF) reports that Bulgaria's economy has shown resilience amid recent shocks, achieving a soft landing with growth expected to slow to 1.8% this year. This improvement is attributed to renewed demand from Bulgaria's main trading partners, leading to increased exports and investments supported by EU funds.

BELGRADE - National Bank of Serbia (NBS) gross FX reserves reached 25,157.1 mln euros at end-May, their highest end-of-month level since monitoring began in 2000.

The reserves were up by 27.9 mln euros from the previous month, the NBS said in a statement.