Belgrade – IMF on first results of new reforms

NEWS 24.09.2018 11:09
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Source: Tanjug / Dragan Kujundžić

The International Monetary Fund (IMF) delegation met with Serbia’s central bank’s team in Belgrade on Monday to discuss the results of a new programme of macroeconomic and structural reforms supported by PCI-Policy Coordination Instrument, the Beta news agency reported.

The National Bank of Serbia (NBS) governor and the head of Belgrade delegation Jorgovanka Tabakovic and James Roaf, the head of the IMF mission in Serbia are expected to analyse the current economic, monetary and fiscal situation in the country, as well as the macroeconomic projections for the next year, said an NBS statement.

The PCI-Policy Coordination Instrument which the IMF approved for Serbia in July is an advisory programme and does not include either IMF funds or costs for Serbia.

It’s agreed for 30 months, with five six-month reviews of the results.

The IMF delegation also met with Finance Minister Sinisa Mali for talks on public sector pensions and salaries, the reform of the tax administration and capital investments. Mali and IMF delegation chief Roaf also discussed a package of measures to stimulate the economy and reduce the duties on salaries in 2019.