United Nations Economic and Social Council
Vujovic explains implementation of measures agreed with IMF
BELGRADE - Adopting the 2015 budget will be the toughest part of the first stage of the implementation of measures launched by Serbia as part of the deal with the International Monetary Fund (IMF), says Serbian Minister of Finance Dusan Vujovic.
Romania Seeks IMF Approval for 2015 Budget
A joint IMF and European Commission delegation had its first discussions with Romanian officials on Tuesday over the Balkan country's draft budget for next year.
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IMF mission comes to Bucharest for talks with Romanian authorities on 2015 budget bill
A joint mission of International Monetary Fund (IMF) and European Commission (EC) experts will be in Bucharest over December 2 - 10 to discuss with the Romanian authorities the 2015 Budget Bill.
The mission will be headed by chief negotiator for Romania Andrea Schaechter on behalf of the IMF, and by Istvan Szekely on behalf of the EC.
IMF urges structural reforms for Turkish economy
Despite continued growth in Turkeyâs economy, the International Monetary Fund (IMF) has warned that the country's government must put forward structural reforms to continue economic momentum.
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Arrangement with IMF means more investments
BELGRADE - Serbia's new three-year arrangement with the International Monetary Fund (IMF) will increase competitiveness, boost Serbia's economy and ensure greater inflow of investments, Milivoje Miletic, acting president of the Serbian Chamber of Commerce, stated on Friday.
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Reform program is difficult, but will help open new jobs
BELGRADE - The reform program agreed with the International Monetary Fund (IMF) is difficult, but it provides a basis for the creation of new jobs and investment, Serbian Finance Minister Dusan Vujovic has said.
Serbia Strikes USD 1.2 B Loan Deal With IMF
Serbia has reached an agreement with the International Monetary Fund (IMF) on a 36-month USD 1.2 B precautionary standby arrangement.
Under the agreement the Serbian government is committing to cut budget deficit to 4.2% of GDP from from 8% by 2016 by slashing wages in the public sector and trimming subsidies to loss-making state companies.
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IMF programme to take effect from January 1
BELGRADE - The arrangement signed on Thursday with the International Monetary Fund (IMF) will take effect from January 1, 2015, and the Serbian government now has all the elements required to plan next year's budget, says Serbian Minister of Finance Dusan Vujovic.
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Serbia Strikes Billion Euro Loan Deal with IMF
After two weeks of negotiations, Zuzana Murgasova, head of an IMF mission, announced on Thursday that Serbia and the IMF had reached a deal on three-year standby loan for a billion euros.
Murgasova said the IMF's Executive Board was expected to approve the deal.
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IMF says approves 1-bn-euro stand-by loan for Serbia
The International Monetary Fund said Nov. 20 it had approved a new stand-by loan for Serbia worth around one billion euros ($1.25 billion) to help it achieve economic reforms.