Republic of Serbia : Fourth Review Under the Stand-By Arrangement and Requests for Waiver of Non-Observance of End-March Performance Criterion and Modification of End-June Performance Criteria, and Financing Assurances Review

Author/Editor:

International Monetary Fund

Publication Date:

July 13, 2010

Electronic Access:

Free Full text (PDF file size is 950 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Performance under the program is broadly on track. Recent economic indicators suggest that growth momentum has stalled for now, and risks to the short-term outlook have increased. Fiscal policy should continue to aim at medium-term consolidation. The agreed exit strategy from the freezes on public wages and pensions is appropriate. The gradual monetary easing strategy pursued by the National Bank of Serbia (NBS) remains appropriate. Serbia is well placed to handle possible spillovers from Greece, but close monitoring is required. The plans to restructure and privatize public enterprises are commended.

Series:

Country Report No. 10/210

Subject(s):

English

Publication Date:

July 13, 2010

ISBN/ISSN:

9781455205714/1934-7685

Stock No:

1SRBEA2010011

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

67

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