Wednesday, September 26, 2018

Tag: IMF

IMF Confirms New Programme With Serbia

The Ministry of Finance stated that the Board of Executive Directors of the International Monetary Fund (IMF) confirmed a new arrangement with the Republic...
Dusan Vujovic

Dušan Vujović, Serbian Finance Minister:

Strong Consensus On Further Reforms Needed

It is today abundantly clear that fiscal consolidation produced tangible economic results. They can only be sustained through structural reforms, the success of which depends on renewed political and social consensus among key stakeholders, as well as our ability to put aside short-term, partybased and vested interests and enable the improvement of general welfare

Miro Cerar, Slovenian Prime Minister:

Our Relations Can Only Improve

Slovenia and Serbia are friendly countries that have a lot in common and are known to have varied and rich relations. I am confident that, after the next Serbian government is elected, we will further strengthen our economic cooperation to the benefit of our citizens

Serbia Advances 12 Places In Global Competitiveness Index

Serbia’s index value is 4.14, which is the best result since 2010
Sebastian Sosa

Sebastian Sosa, IMF Resident Representative For Serbia:

Hard Won Results Should Be Carefully Defended

It is crucial that the structural reform agenda is fully and expeditiously carried out, to transform Serbia into a modern, private-sector led economy with higher and sustainable growth

Sebastian Sosa, IMF Resident Representative In Belgrade:

It Is Too Early For Laurels

The results of Serbia’s economic programme supported by the IMF in the last two years have been impressive. However, it is still too early to declare victory. I believe the authorities share our view that consolidating recent gains will require completing the ambitious structural reform agenda

Sebastian Sosa, IMF Resident Representative In Belgrade:

Government Must Maintain Good Work

Most of the previous economic programmes in Serbia succeeded in achieving short-term macroeconomic stabilisation, but failed to resolve the underlying weaknesses of the economy. I believe the authorities share our view that consolidating recent gains will require not only maintaining sound macro policies and strengthening institutions, but also fully completing the ambitious structural reform agenda
Christine Lagarde, Director of the International Monetary Fund

IMF Cuts Global Growth Outlook Again

The International Monetary Fund warned in mid-April of the risk of political isolationism, notably Britain’s possible exit from the EU, and the risk of growing economic inequality as it cut its global economic growth forecast for the fourth time in a year
Dejan Soskic

Professor Dejan Šoškić, Ph.D., Faculty of Economics, University of Belgrade:

Reforms Have Begun – Toughest Yet to Come

Serbia made its last standby arrangement with the International Monetary Fund (IMF) in early 2015. With this programme our country committed to making significant progress in three important areas: (1) restoring the sustainability of public finances; (2) increasing the stability and resilience of the financial sector; and (3) implementing comprehensive structural reforms aimed at increasing employment and again achieving sustainable high economic growth.
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