Republic of Serbia: Second Review Under the Policy Coordination Instrument and Request for Modification of Quantitative Targets-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Serbia

Serbia’s strong track record of prudent macroeconomic management has built buffers that are helping the authorities navigate a challenging environment marked by ongoing protests, energy security risks following U.S. sanctions on the macro-critical oil company NIS, and global trade tensions. In this context, the PCI provides an important anchor for policy credibility and private sector confidence by ensuring fiscal prudence, strengthening energy sector resilience, and supporting authorities’ commitment to transparent, accountable, and rules-based government.