IMF Staff Country Reports

Republic of Serbia : Eighth Review Under the Stand-By Arrangement-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Serbia

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

December 21, 2017

Electronic Access:

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Summary:

Recent economic developments. Notwithstanding some temporary supply shocks, economic activity remains robust, supported by recovery of private consumption and strong FDI. Significant fiscal over-performance has continued and efforts to address structural weaknesses have been accelerated. This, along with a healthy credit recovery on the back of substantial monetary policy easing, has helped support growth, while low inflation has reinforced recovery in real incomes. Public debt has fallen notably and external vulnerabilities are reduced.

Series:

Country Report No. 17/397

Subject:

Balance of payments statistics Banking sector Debt sustainability Economic indicators Fiscal policy Fiscal reforms Letters of Intent Monetary policy Press releases Public enterprises Staff reports Stand-by arrangement reviews