International Monetary Fund
IMF upgrades outlook for the global economy in 2023
The outlook for the global economy is growing slightly brighter as China eases its zero-COVID policies and the world shows surprising resilience in the face of high inflation, elevated interest rates and Russia's ongoing war against Ukraine.
Serbian President was told: If you accept, you'll join EU till 2030, if you don't...?
Demostat states, referring to its diplomatic sources, that the perspective of Serbia's membership in the EU, investments in the energy sector, meaning being independent from Russia in that area, the arrival of US and European companies, are part of what Serbia could expect if it agrees to the Western proposal.
Mali: Serbia example of responsible fiscal, monetary policy
BELGRADE - Serbian Finance Minister Sinisa Mali said on Wednesday Serbia was an example of a responsible fiscal and monetary policy, as also testified by praise from the IMF.
The fact the IMF has decided to sign another agreement with us is another proof of that, Mali told the RTS.
NBS FX reserves at 19.415 bln euros at end-December
BELGRADE - National Bank of Serbia (NBS) gross FX reserves amounted to 19,415.7 mln euros at end-December 2022, which includes a 985.6 mln euro first tranche under a stand-by arrangement with the IMF, approved to Serbia on December 19.
Mali, EBRD's Schlup discuss EPS, railways
BELGRADE - Serbian Finance Minister Sinisa Mali and EBRD Director Rosmarie Schlup held an online meeting on Monday to discuss a joint investment into a Belgrade-Nis-Presevo railway line section and a project aimed at providing financial assistance to Serbia's national electric power company EPS.
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Staikouras, FinMin of the Year for Europe
Christos Staikouras was named Finance Minister of the Year 2023 for Europe by The Banker magazine of the Financial Times group, whose awards celebrate the officials that have best managed to stimulate growth and stabilize their economy.
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Eurostat pegs inflation in Greece at 9.8% and 10.7% in the eurozone in October
Harmonized inflation in Greece "fell" to 9.8% in October, according to Eurostat data. At the same time, the consumer price index in the eurozone increased by 10.7%, setting a new record.
What analysts believe about possible recession in Greece during an election year
Barring extreme scenarios, the Greek economy is not expected to enter a recession in 2023. Or will it? For Greece, numerous analyses predict that in 2023 a strong growth of around 6% will be recorded, and for 2023 close to 2%, while the Eurozone and Germany are entering recession. Recently, there is a major outlook revision for the Eurozone economy.
IMF and Tunisia reach deal on $1.9 bln loan
The International Monetary Fund (IMF) and the Tunisian government have reached a tentative agreement to unblock a $1.9 billion loan as the North African country faces grave economic and political challenges.
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Boštjančič, Vasle discuss Slovenia’s relatively good economic situation in Washington
Washington – Global economy is in trouble, but given the circumstances Slovenia is in a relatively good financial and economic shape, Finance Minister Klemen Boštjančič and Banka Slovenije Governor Boštjan Vasle said at the end of the a meeting of the IMF and World Bank in Washington, US. The talks focussed on inflation.