United Nations Development Group
IMF deal is vital for success of reforms
BELGRADE - Serbia is looking at an ambitious deficit reduction plan and a reform package that would not be possible without the International Monetary Fund (IMF), said Fiscal Council President Pavle Petrovic.
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Petrovic: IMF deal is vital for success of reforms
BELGRADE - Serbia is looking at an ambitious deficit reduction plan and a reform package that would not be possible without the International Monetary Fund (IMF), said Fiscal Council President Pavle Petrovic.
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Minister: Goal is to reduce public debt and deficit
Minister: Goal is to reduce public debt and deficit
BELGRADE -- Dusan Vujovic said on Tuesday the fundamental goal of the new three-year arrangement with the IMF was to reduce the public debt share in GDP by 2017.
Another is to lower the budget deficit to around 3 percent of GDP, the finance minister said.
IMF deal "confirms credible policy of government and NBS"
IMF deal "confirms credible policy of government and NBS"
BELGRADE -- The arrangement with the IMF is a positive signal for potential investors looking to place their funds in Serbia, the central bank (NBS) has said.
It is also "an indicator that the government and the National Bank of Serbia (NBS) are conducting a credible economic policy."
IMF: Precautionary arrangement to support Serbia's reforms
BELGRADE - The Executive Board of the International Monetary Fund (IMF) approved a three-year EUR 1.2 billion stand-by arrangement for Serbia, which, at the request of the Serbian authorities, will be treated as precautionary, the IMF released on its website.
IMF approves new three-year stand-by arrangement
IMF approves new three-year stand-by arrangement
WASHINGTON -- The Executive Board of the IMF had decided to approve a three-year stand-by arrangement with Serbia, the public broadcaster RTS reported.
The IMF said on its website that the Serbian government indicated it would treat the arrangement as precautionary.
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Greek reforms list considered "sufficient" by EC at first appearance
Greece sent its list of economic reforms for the "bridging deal" to its international creditors from the EU and the International Monetary Fund shortly after midnight on Monday, stated a source from the European Commission.
IMF grants new three-year precautionary arrangement
BELGRADE/WASHINGTON - The Executive Board of the International Monetary Fund (IMF) adopted a decision concerning the closing of a three-year arrangement with Serbia, Radio Television of Serbia (RTS) reported.
Upcoming payments mean state will struggle to make ends meet
By Sotiris Nikas
While the state?s cash flow problems are manageable at the beginning of this week, today marks the start of a tough period for the Finance Ministry that will require crisis management on a daily basis.
IMF to decide on arrangement with Serbia on Monday
BELGRADE - The International Monetary Fund (IMF) executive directors are expected to take a decision in Washington on Monday on entering into a precautionary arrangement with Serbia.
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