Serbian central bank governor meets New York Federal Reserve Bank delegation

NEWS 08.10.2019 17:16
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Source: Tanjug/Sava Radovanović

A delegation of the Federal Reserve Bank of New York, one of the 12 Federal Reserve Banks of the United States, met with National Bank of Serbia (NBS) Governor Jorgovanka Tabakovic in Belgrade on Tuesday, an NBS press release said.

Tabakovic is quoted as saying that the two banks have good relations in terms of expert cooperation.  

The press release said that “the representatives of one of the most influential central banks in the world” praised Serbia’s success in transforming the economy and society and added that the visit provided an opportunity to exchange views between ranking officials of the two central banks.  

Tabakovic said that Serbia deserves the praise it has gotten over the past few months for the results it achieved. “The issue of Eurobonds in June this year, the first that Serbia issued in Euro on the international market was a turning point for the country taking it to a faster but sustainable development,” she said adding that the issue sent a clear image that Serbia is firmly on the road of “positive economic transformation”. According to her, the Eurobond issue increased demand among foreign investors for Dinar bonds and improved credit conditions.  

The Federal Reserve Bank of New York delegation is reported to have praised the fact that Serbia’s economic indicators are improving every year.