Talks on new arrangement with IMF begin on Monday

BELGRADE - The official talks between the outgoing Serbian govenrment and the Mission of the International Monetary Fund (IMF) concerning a new three-year arrangement with the IMF and ongoing economic developments in the country will begin in Belgrade on Monday.

Finance Minister Lazar Krstic announced the possibility of talks on the new three-year arrangement and last week, he said that the new arrangement will be realised by the new Serbian government. The outgoing government should carry out all the preparations so that the new government, after the elections, could make a decision and conclude a new agreement with the IMF.

The talks with the IMF Mission began in Belgrade on February 26 on the level of technical experts and today's official discussions will open with a plenary session at the National Bank of Serbia (NBS).

The Serbian delegation in the talks with the IMF is headed by Finance Minister Lazar Krstic.

The last arrangement between Serbia and the IMF was closed in late September 2011 and it was frozen in February 2012 already as the 2012 budget deviated from the agreed fiscal programme.

Photo Tanjug, S. Radovanovic

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