New advisory arrangement between Serbia and IMF agreed on
BizLife 26.04.2021 | Beta
An agreement on the arrangement, called the Policy Coordination Instrument, should be approved by the IMF’s Board of Governors and Executive Board, which is expected in the second half of June.
Serbia’s new arrangement with the IMF will not imply financial support, instead it will be exclusively of an advisory nature, and it will last for two and a half years, i.e. until the end of 2023. “After the talks and detailed analyses, the IMF mission has assessed that Serbia is coping well with the pandemic and that in 2020 we had one of the best outcomes in Europe in terms of economic growth, owing to, among other things, the strong response of economic policy
