International development
Bulgarian Finance Minister Meets IMF Representatives in Washington
Finance Minister Petar Chobanov presented the priorities of the Bulgarian government during meetings with IMF representatives in Washington.
Fitch: Greek return to markets shows progress
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IMF predicts modest growth, high unemployment
IMF predicts modest growth, high unemployment
WASHINGTON -- Serbia's economic growth in this year and the next will be modest, while unemployment will continue to be high and inflation stable.
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Savings necessary, maybe not on pensions
BELGRADE - The governments needs to save EUR 400 million, but I cannot say whether pensions will have to be reduced in the process, said Stojan Stamenkovic, the editor of Macroeconomic Analysis and Trends (MAT).
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IMF: We did not propose specific measures
BELGRADE - IMF mission released on Friday that no specific fiscal consolidation measures were proposed in the talks with Serbian government officials, stressing that the IMF holds that the measures to be adopted should be socially acceptable.
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Eurozone and IMF ready to approve tranches of 11.9 bln
World Bank official: Serbia has 9 months for reforms
World Bank official: Serbia has 9 months for reforms
BELGRADE -- Serbia has nine months to conduct reforms, World Bank Country Manager for Serbia Tony Verheijen has said.
"Debt reduction requires major budget cuts"
"Debt reduction requires major budget cuts"
BELGRADE -- An International Monetary Fund mission will visit Serbia for talks on a new three-year arrangement with the country shortly after a new government is formed.
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Krstic: Major budget cuts a necessity
BELGRADE - An International Monetary Fund (IMF) mission will visit Serbia for talks on a new three-year arrangement with the country shortly after its new government is formed, Finance Minister Lazar Krstic has announced, adding that public debt reduction will be one of the goals of the new government, making major budget cuts a necessity.
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IMF Urges Albania to Raise Taxes and Pension Age
In a report issued on Wednesday, following discussing between the Albanian government and the Fund from October to December, the IMF said Albania’s economy had weakened and macro-economic imbalances had widened.
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