Serbia and Montenegro: First Review Under the Extended Arrangement

June 3, 2003

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Format: Chicago

Serbia and Montenegro: First Review Under the Extended Arrangement, (USA: International Monetary Fund, 2003) accessed November 24, 2024

Summary

This paper assesses Serbia and Montenegro’s First Review Under the Extended Arrangement (EA). Serbia and Montenegro’s economic and policy performance has remained good under the current EA, but daunting challenges lie ahead. Macroeconomic policies need to be carefully calibrated to address potential risks to macroeconomic and financial instability, while the task of economic restructuring will be increasingly difficult. The IMF staff welcomes the authorities’ commitment to address delays in the adoption of reform legislation that led to nonobservance of some structural benchmarks and notes the need to avoid new slippages.

Subject: Banking, Currencies, Economic sectors, Exchange rates, External debt, Foreign exchange, Monetary base, Money, Privatization

Keywords: Authorities of Serbia and Montenegro, CR, Currencies, Enterprise privatization procedure, Europe, Exchange rates, Government, ISCR, Monetary base, Net indebtedness, Policy implementation, Privatization, Revenue effort

Publication Details

Pages:

105
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2003/151
Stock No:

1YUGEA0012003
ISBN:

9781451840865
ISSN:

1934-7685

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