European Parliament Library

Republic of Serbia :, Fourth Review Under the Stand-By Arrangement and Requests for Waiver of Non-Observance of End-March Performance Criterion and Modification of End-June Performance Criteria, and Financing Assurances Review

Performance under the program is broadly on track. Recent economic indicators suggest that growth momentum has stalled for now, and risks to the short-term outlook have increased. Fiscal policy should continue to aim at medium-term consolidation. The agreed exit strategy from the freezes on public wages and pensions is appropriate. The gradual monetary easing strategy pursued by the National Bank of Serbia (NBS) remains appropriate. Serbia is well placed to handle possible spillovers from Greece, but close monitoring is required. The plans to restructure and privatize public enterprises are commended
Table Of Contents
""Cover""; ""Contents""; ""I. Recent Developments""; ""II. Policy Discussions""; ""A. Macroeconomic Framework""; ""B. Fiscal Policy""; ""C. Monetary and Exchange Rate Policies""; ""D. Financial Sector Policies""; ""E. Structural Policies""; ""III. Program Issues""; ""IV. Financing Assurances Review""; ""V. Staff Appraisal""; ""Tables""; ""1. Quantitative Conditionality Under the SBA, 2009�10""; ""2. Performance for Fourth Review""; ""3. Selected Economic and Social Indicators, 2006�11""; ""4. Real GDP Growth Components, 2004�11""; ""5. Medium-Term Program Scenario, 2008�15""
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (68 p.)
Specific Material Designation
Form Of Item

Library Locations

  • EP Library Brussels

    60 rue Wiertz, Brussels, B-1047, BE
  • EP Library Luxembourg

    Rue du Fort Thüngen, Luxembourg, L-1313, LU
  • EP Library Strasbourg

    7 Place Adrien Zeller, Allée du Printemps, Strasbourg, F-67070, FR