Serbia wants 3-yr precautionary loan with IMF, report

Tourism

Serbia should reach agreement with the International Monetary Fund on a precautionary loan program that would cover “at least” three years, state-run news agency Tanjug reported, citing central bank Governor Jorgovanka Tabakovic. The balance of payments does not require outright financial support and the precautionary agreement would prove that Serbia is a country where people will “gladly invest” because of predictable economic conditions, Tabakovic told Tanjug in an interview. An IMF mission arrives in Belgrade on May 8 to open talks on a new loan program and to conduct periodical review of Serbia’s economic policies and monetary and fiscal performance.

ADVERTISEMENT

ÁKK Exchanges HUF 20 bln of Bonds at Wednesday Switch Auctio... Debt

ÁKK Exchanges HUF 20 bln of Bonds at Wednesday Switch Auctio...

Hungary Makes Proposals to Ease Administrative Burden for EU... EU

Hungary Makes Proposals to Ease Administrative Burden for EU...

MOL Signs Antwerp Declaration for a European Industrial Deal Deals

MOL Signs Antwerp Declaration for a European Industrial Deal

Investors of the Year in Limelight at Hipa’s Award Ceremony Awards

Investors of the Year in Limelight at Hipa’s Award Ceremony

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.