Republic of Serbia : Staff Report for the 2006 Article IV Consultation and Post–Program Monitoring Discussions

Author/Editor:

International Monetary Fund

Publication Date:

October 27, 2006

Electronic Access:

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Summary:

Failed corporate structures lie at the heart of Serbia’s economic difficulties. But the government emphasized instead the need for public investment and labor tax cuts. Capital inflows pose additional challenges. External concerns leave little room to fiscal maneuver. This puts the focus on public expenditure reform. Recent changes in monetary arrangements are appropriate. These steps would best be taken further—toward inflation targeting. However, the envisaged fiscal relaxation calls much of this into question. Serbia has made significant progress in recent years.

Series:

Country Report No. 06/384

Subject:

English

Publication Date:

October 27, 2006

ISBN/ISSN:

9781451833645/1934-7685

Stock No:

1SCGEA2006006

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

76

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