Republic of Serbia: Request for Stand-by Arrangement: Staff Report; Staff Statement; Press Release; and Statement by the Executive Director for the Republic of Serbia.

October 20, 2011

Preview Citation

Format: Chicago

Republic of Serbia: Request for Stand-by Arrangement: Staff Report; Staff Statement; Press Release; and Statement by the Executive Director for the Republic of Serbia., (USA: International Monetary Fund, 2011) accessed November 22, 2024

Summary

Serbia’s transition to a more sustainable growth model remains incomplete and fragile. A precautionary Stand-By Arrangement (SBA) has been requested to insure against external risks and to provide a policy anchor. The program represents a prudent step in the present uncertain global and regional environment. However, without improving Serbia’s difficult investment climate, the economy cannot deliver sustainable growth. Executive Directors expect that a steadfast program implementation along with responsiveness to new adverse developments will lead the Serbian economy to overcome its present difficulties.

Subject: Banking, Budget planning and preparation, External debt, Fiscal policy, Fiscal stance, Foreign exchange, Government debt management, Public financial management (PFM)

Keywords: Budget planning and preparation, CR, Fiscal stance, Global, Government debt management, Government of Serbia, IMF staff representative, Inflation pressures resume, ISCR, Policy stance, Representative, Staff appraisal, Statement

Publication Details

Pages:

80
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2011/311
Stock No:

1SRBEA2011004
ISBN:

9781463922672
ISSN:

1934-7685

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