Republic of Serbia: 2007 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Serbia

International Monetary Fund

No 2008/054, IMF Staff Country Reports from International Monetary Fund

Abstract: The Serbian economy has continued to grow strongly, but external imbalances have widened along with vulnerabilities. To contain domestic demand, fiscal surpluses are needed, until the benefits of structural reforms are reaped. Low inflation should be entrenched by adoption of inflation targeting once government support and sound fiscal policies are in place. Competitiveness should be restored through corporate restructuring and wage moderation. Accelerating structural reforms is the key. Financial stability risks have been managed by building adequate buffers. The supervisory framework should continue to be strengthened.

Keywords: ISCR; CR; core inflation; deficit; headline inflation; fiscal policy stance; staff projection; stock market development; privatization revenue; staff appraisal; exchange rate; Current account balance; Credit; Global (search for similar items in EconPapers)
Pages: 70
Date: 2008-02-05
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=21690 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2008/054

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().