Republic of Serbia: Fifth Review Under the Stand-By Arrangement, Request for Modification of End-September Performance Criterion, and Financing Assurances Review

International Monetary Fund

No 2010/308, IMF Staff Country Reports from International Monetary Fund

Abstract: The fifth review of Serbia’s economic performance under the program supported by a Stand-By Arrangement (SBA) is discussed. It helps in addressing the spillovers from the global financial crisis while establishing a moderate economic recovery. An accelerated pace of structural reforms will help to strengthen medium-term growth and employment prospects, supported by the resumption of adequate capital inflows, in particular through foreign direct investment. A strong commitment to the implementation of structural reforms will strengthen medium-term growth and employment prospects.

Keywords: ISCR; CR; one-off payment; employment prospect; staff appraisal; August inflation release; authority; credit support program; Credit; Fiscal stance; Loans; Global (search for similar items in EconPapers)
Pages: 62
Date: 2010-10-13
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