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Serbia and IMF discuss structural reforms and financial stability

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Today, the Prime Minister of Serbia, Ana Brnabic, talked with the new head of the International Monetary Fund (IMF) Office in Belgrade, Julija Ustyugova, about the upcoming steps within the new advisory arrangement signed with this financial institution, structural reforms and maintaining macroeconomic and financial stability.
The Prime Minister assessed, as announced by her Cabinet, that cooperation with the IMF is extremely important for Serbia for maintaining, but also confirming the financial stability of the country, especially at a time when all world economies are affected by the economic crisis due to the pandemic.
Prior to the start of the official IMF Mission under the arrangement in October this year, the continuation of structural reforms and fiscal stabilization, as well as the budget for next year, were listed as priority areas that will be the most important topics of discussion.
The head of the IMF office pointed out that the macroeconomic situation in Serbia was assessed as favorable, adding that at this moment the most important fact is that Serbia managed to preserve the economy and mitigate the consequences of the economic crisis, which would not be possible without extensive reforms.
Ustyugova stated that Serbia can expect equal support from this institution within the new arrangement, not only in the implementation of further reforms, but also in the technical assistance of the IMF Office in Belgrade, Novi Magazin reports.

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