European Parliament Library

Republic of Serbia :, First Review Under the Stand-By Arrangement and Requests for Augmentation, Extension of the Arrangement, Rephasing of Purchases, Waiver of Applicability of End-March Performance Criterion and Modification of End-June Performance Criteria, and Financing Assurances Review: Staff Report; Staff Supplement; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Serbia

This paper presents key findings of the First Review under the Stand-by Arrangement (SBA) for the Republic of Serbia. The banking system of Serbia has weathered the external shocks well, but credit is slowing sharply. To safeguard economic stability in this markedly deteriorated environment, the authorities have revised their strategy. IMF staff supports the authorities’ request for an augmentation and extension of the SBA, a rephasing of purchases, and completion of the first program review and the financing assurances review
Table Of Contents
Cover; Contents; I. Background; II. The Revised SBA-Supported Program; A. Objectives and Strategy; B. Macroeconomic Framework; C. Fiscal Policy; D. Financial Sector Policies; E. Monetary and Exchange Rate Policies; F. Structural Policies; III. Revised Program Modalities; A. Exceptional Access; B. Program Extension and Rephasing of Purchases; C. Conditionality and Monitoring; D. Capacity to Repay and Safeguards Assessment; E. Financing Assurances Review; IV. Staff Appraisal; Tables; 1. Selected Economic and Social Indicators, 2005-10; 2. Real GDP Growth Components, 2005-10
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (96 p.)
Specific Material Designation
Form Of Item

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