IMF delegation visiting Serbia

The IMF delegation, which will be in Belgrade until June 13, will over the next three days speak with Serbian officials to finalize talks about a new advisory arrangement, Tanjug said on Monday.

At the end of his last visit to Serbia, Roaf said that an agreement had been reached on the key elements of a new program, and that the talks would be finalized when a new finance minister was appointed, Beta reported earlier.

This new arrangement between Serbia and the Fund would be a non-financial program, the Policy Coordination Instrument (PCI), the agency said, citing previous announcements.

Serbia ended a three-year precautionary arrangement with the IMF last February, but it did not use the EUR 1.2 billion provided under the program.

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