This web page presents information about the work of the IMF in Serbia, including the activities of the IMF Resident Representative Office. Additional information can be found on the Serbia and IMF country page, including IMF reports and Executive Board documents that deal with Serbia.
IMF’s Work on Serbia
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December 12, 2024
Series:Country Report No. 2024/337
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December 9, 2024
The Executive Board of the International Monetary Fund (IMF) approved a 36-month Policy Coordination Instrument (PCI) with the Republic of Serbia, following the conclusion of the fourth and final review under the SDR 1.89 billion (approximately EUR 2.4 billion) Stand-By Arrangement (SBA) approved by the IMF’s Board on December 19, 2022. While completion of the SBA review authorized additional access to SDR 316.47 million (about EUR 400 million), the authorities continued to treat the SBA as precautionary and did not make the available purchases. They cancelled the SBA following the completion of its final review, ahead of its expiration on December 18, 2024, to facilitate the transition to the PCI.
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October 16, 2024
An International Monetary Fund (IMF) mission, led by Donal McGettigan, met with the Serbian authorities during October 3-15, 2024, to discuss performance under Serbia’s Stand-By Arrangement (SBA) and the authorities’ request for a successor 36-month Policy Coordination Instrument (PCI) that will run from December 2024 to December 2027
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July 8, 2024
The Executive Board of the International Monetary Fund (IMF) concluded the Third Review Under the Stand-By Arrangement (SBA) for the Republic of Serbia. The SBA amounting to about SDR 1.89 billion, or approximately EUR 2.4 billion, was approved by the IMF’s Board on December 19, 2022 (see Press Release No. 22/447)
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July 8, 2024
Series:Country Report No. 2024/202
Regional Economic Outlook
October 24, 2024
Europe’s economy is recovering, benefiting from a strong crises’ response. Yet, the recovery is falling short of its full potential. Uncertainty about persistent core inflation, policy directions, and geopolitical conflicts, is dampening the near-term outlook. In the longer term, perennially weak productivity growth—a result of limited scale and business dynamism–-amid new headwinds from fragmentation and climate change are holding back growth potential.
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