Federal Republic of Yugoslavia: Membership and Use of Fund Resources—Request for Emergency Post-Conflict Assistance

International Monetary Fund

No 2001/007, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; FRY authorities; Yugoslavia; FRY's economy; deficit; economy; expenditure arrears; General government service; IMF's policy; Arrears; Budget planning and preparation; Commercial banks (search for similar items in EconPapers)
Pages: 43
Date: 2001-01-08
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