This 2005 Article IV Consultation highlights that macroeconomic imbalances in Serbia and Montenegro widened in 2004 … current account deficit. The main policy challenge is to maintain macroeconomic stability while accelerating structural reform …

of Serbia and Montenegro in containing the persistently large external imbalance. The paper discusses the causes of the … reform package on the FE finances. The paper also provides a description of the main parameters of the Serbian pension system …

Criteria for Serbia and Montenegro are discussed. The agreed tighter fiscal, monetary, and incomes policies should cool off …

fallout of the global crisis on Serbia. Although the output slump has been limited relative to regional peers, the decline in …

a comprehensive economic program of stabilization and reform that can be supported by the IMF …

Failed corporate structures lie at the heart of Serbia’s economic difficulties. But the government emphasized instead … little room to fiscal maneuver. This puts the focus on public expenditure reform. Recent changes in monetary arrangements are … much of this into question. Serbia has made significant progress in recent years …

This paper assesses Serbia and Montenegro’s First Review Under the Extended Arrangement (EA). Serbia and Montenegro … delays in the adoption of reform legislation that led to nonobservance of some structural benchmarks and notes the need to …

Serbia and Montenegro, elaborates on the closure of the four largest state-owned banks in Serbia, and outlines progress in …