The IMF Executive Board confirmed in Friday’s meeting in Washington Serbia’s good results after the third review of the country’s economic performance under the stand-by arrangement.

The completion of the review will make available the cumulative amount of about EUR 627 million.

The Serbian authorities have indicated their intention to continue treating the arrangement as precautionary.

Serbia concluded the stand-by arrangement worth around EUR 1.2 billion with the IMF in February this year.

Source: Tanjug

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