Jorgovanka Tabakovic

Not right time to disclose details of arrangement with IMF

BELGRADE - Governor of the National Bank of Serbia (NBS) Jorgovanka Tabakovic underscored on Tuesday that the contents of the arrangement with the International Monetary Fund (IMF) are not being kept secret from the public, but the details cannot be revealed just yet until the agreement with the international financial institution is officially signed.

Tabakovic: Serbia's banking system is stable

BELGRADE - Serbia's banking system is highly liquid and stable, and there are no reasons for worry, National Bank of Serbia (NBS) Governor Jorgovanka Tabakovic has said.

Certain banks were, however, shut down last year due to the country's poor regulations for setting up companies, Tabakovic said for Radio and Television of Serbia (RTS) on Monday evening.

"12 public companies subject of talks with IMF"

"12 public companies subject of talks with IMF"

BELGRADE -- Finance Minister Dušan Vujović has said that Serbia is discussing with the IMF a program that for the first time includes 12 public companies.

"All criteria will be set that will have to be adhered to, one of them being salary cuts," he said of the companies in question.

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