Serbia to sign new IMF precautionary agreement

The International Monetary Fund mission will arrive in Belgrade on Thursday to discuss a new precautionary arrangement with Serbia.

By the end of this week, the IMF mission will have preliminary talks with the Serbian authorities, and the official talks will begin on Monday, August 22, with a plenary meeting in the National Bank of Serbia (NBS).

At the last week’s meeting in the Serbian government dedicated to the current financial market turmoil, the officials qualified as vital a new pre-cautionary arrangement which Serbia should sign with the IMF soon.

This agreement would be a guarantor of the country’s macroeconomic stability, and indicator that the government is pursuing a credible economic policy, which would send a positive signal to all prospective investors, the Serbian government released following the meeting convened by Prime Minister Mirko Cvetković.

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