Republic of Serbia; Fifth Review Under the Stand-By Arrangement, Request for Modification of End-September Performance Criterion, and Financing Assurances Review

The fifth review of Serbiaâ€™s economic performance under the program supported by a Stand-By Arrangement (SBA) is discussed. It helps in addressing the spillovers from the global financial crisis while establishing a moderate economic recovery. An accelerated pace of structural reforms will help to strengthen medium-term growth and employment prospects, supported by the resumption of adequate capital inflows, in particular through foreign direct investment. A strong commitment to the implementation of structural reforms will strengthen medium-term growth and employment prospects.

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Year of publication:	2010-10-13
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Budget deficits \| Economic growth \| Economic indicators \| Economic recovery \| Fiscal reforms \| Performance criteria modifications \| Stand-by arrangement reviews \| external debt \| fiscal balance \| fiscal responsibility \| debt service \| fiscal deficit \| fiscal policy \| government deficit \| current account \| central bank \| budget system \| fiscal operations \| reserve assets \| structural fiscal \| balance of payments \| fiscal council \| fiscal rule \| tax administration \| fiscal deficit target \| total external debt \| payment arrears \| current account deficit \| external financing \| current account balance \| fiscal deficits \| external debt service \| structural fiscal reforms \| domestic borrowing \| external payment \| debt restructuring \| fiscal discipline \| capital expenditure \| short-term debt \| fiscal rules \| tax revenue \| formal sector \| general budget \| private external debt \| long-term debt \| tax compliance \| external borrowing \| sovereign debt \| fiscal position \| government revenue \| public debt \| intergovernmental fiscal \| public investment spending \| debt-service \| fiscal sustainability \| fiscal restraint \| fiscal data \| budget support \| foreign debt \| fiscal gap \| fiscal adjustment \| current account deficits \| fiscal constraints \| external loans \| nonconcessional debt \| fiscal conditionality \| tax authorities \| fiscal performance \| revenue collection \| debt service obligations \| fiscal policies \| repurchases \| fiscal stabilizers \| general government expenditure \| external shocks \| domestic savings \| budgetary discipline \| debt crisis \| tax system \| account deficits \| general budget revenues \| fiscal consolidation \| repayments \| fiscal developments \| tax bases \| aggregate demand \| fiscal outlook \| external debt stock \| foreign loans \| debt stock \| budget revenues \| imf purchases

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 10/308 6 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011245843