European Parliament Library

Republic of Serbia :, Request for Stand-by Arrangement: Staff Report; Staff Statement; Press Release; and Statement by the Executive Director for the Republic of Serbia

Serbia’s transition to a more sustainable growth model remains incomplete and fragile. A precautionary Stand-By Arrangement (SBA) has been requested to insure against external risks and to provide a policy anchor. The program represents a prudent step in the present uncertain global and regional environment. However, without improving Serbia’s difficult investment climate, the economy cannot deliver sustainable growth. Executive Directors expect that a steadfast program implementation along with responsiveness to new adverse developments will lead the Serbian economy to overcome its present difficulties
Table Of Contents
Cover; Contents; I. Background; II. Recent Economic Developments; Boxes; 1. Main Messages of the Ex Post Assessment and Ex Post Evaluation; III. The SBA-Supported Program; A. Program Objectives and Strategy; B. Macroeconomic Framework; C. Fiscal Policy; 2. The Fiscal Deficit Rule: Writing an Implementation Rulebook from Scratch; D. Monetary and Exchange Rate Policies; E. Financial Sector Policies; F. Structural Policies; IV. Program Modalities; A. Length and Access; B. Capacity to Repay the Fund and Risks to the Program; C. Program Monitoring and Conditionality; V. Staff Appraisal; Figures
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (82 p.)
Specific Material Designation
Form Of Item

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