The positive outlooks on Serbia arriving as a result of a visible improvement in the country’s economic situation, best evidenced in the growing rate of investment in the private sector, are very encouraging, IMF mission chief for Serbia James Roaf said in Washington Saturday.
It has become clear with the implementation of the stand-by arrangement program with Serbia that it has great potential for successful completion of the transition process and because of that, the IMF will continue to offer technical and advisory support to the Serbian government, Roaf said during a meeting he had with with a Serbian delegation, led by Governor of the National Bank of Serbia Jorgovanka Tabakovic and Finance Minister Dusan Vujovic, as part of the 2016 Spring Meetings of the IMF and the World Bank Group in Washington.
According to a release from the Ministry of Finance, the meeting focused on implementation of structural reforms that are part of the program under the precautionary stand-by arrangement between the IMF and Serbia, signed in February 2015.
Vujovic thanked the IMF for presenting a positive opinion on Serbia’s reforms and added that Serbia would do everything to keep the good momentum going.
Tabakovic expressed satisfaction about cooperation of international financial institutions in the realization of reform programs in Serbia, thanking in particular for the support and ssistance Serbia was receiving in preparations for future challenges.
Source: Tanjug
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