Federal Republic of Yugoslavia: Membership and Use of Fund Resources—Request for Emergency Post-Conflict Assistance
January 8, 2001
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The Federal Republic of Yugoslavia is faced with the task of stabilizing and reviving a devastated economy after years of military conflicts, sanctions, and economic mismanagement. A weakened institutional capacity and the still evolving political situation is a cause for concern. A short-term macroeconomic strategy is required to bring down inflation. The fiscal position should be improved, and the continued incurrence of expenditure arrears should be avoided. The government should adopt a comprehensive economic program of stabilization and reform that can be supported by the IMF.
Subject: Arrears, Banking, Budget planning and preparation, Commercial banks, Expenditure, External debt, Financial institutions, Public financial management (PFM)
Keywords: Arrears, Budget planning and preparation, Commercial banks, CR, deficit, economy, expenditure arrears, FRY authorities, FRY's economy, General government service, IMF's policy, ISCR, Yugoslavia
Pages:
43
Volume:
2001
DOI:
Issue:
007
Series:
Country Report No. 2001/007
Stock No:
1YUGEA0012001
ISBN:
9781451840841
ISSN:
1934-7685
