Republic of Serbia : Fourth Review Under the Stand-By Arrangement and Requests for Waiver of Non-Observance of End-March Performance Criterion and Modification of End-June Performance Criteria, and Financing Assurances Review

Fourth Review Under the Stand-By Arrangement and Requests for Waiver of Non-Observance of End-March Performance Criterion and Modification of End-June Performance Criteria, and Financing Assurances Review

Republic of Serbia : Fourth Review Under the Stand-By Arrangement and Requests for Waiver of Non-Observance of End-March Performance Criterion and Modification of End-June Performance Criteria, and Financing Assurances Review
Performance under the program is broadly on track. Recent economic indicators suggest that growth momentum has stalled for now, and risks to the short-term outlook have increased. Fiscal policy should continue to aim at medium-term consolidation. The agreed exit strategy from the freezes on public wages and pensions is appropriate. The gradual... READ MORE...

Publication date: July 2010
ISBN 9781455205714
$18.00

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