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IMF Mission and Serbian Delegation Begin Official Talks

Today’s plenary meeting at the NBS marked the beginning of the official talks between representatives of the Republic of Serbia and the IMF mission. The Serbian delegation is headed by NBS Governor Jorgovanka Tabaković, who also serves as the Serbian Governor to the IMF, with representatives of the Ministry of Finance also in attendance.

The IMF Mission, headed by the new mission chief, Jan Kees Martijn, will be in Belgrade from 9 to 21 May to carry out the second semi-annual review of the Policy Coordination Instrument (PCI) and to conduct consultations under Article IV of the IMF’s Articles of Agreement.

Other topics for discussion will be current fiscal, monetary and overall macroeconomic movements, as well as the fulfilment of the established quantitative and reform goals within the economic programme, supported by the PCI, which the IMF Executive Board approved to Serbia in July 2018.

In addition, the meetings will take a comprehensive look at the overall economic and financial situation in Serbia within consultations under Article IV, as well as at the prospects for further growth. The analysis will also include the adequacy of the economic policy and measures, external stability and sustainability of the country’s external debt.

The regular consultations under Article IV are conducted with all IMF member countries within the IMF’s surveillance function. Previous consultations with Serbia took place in late August 2017.

Governor’s Office