The Executive Board of the IMF on Friday approved the sixth review under a precautionary stand-by arrangement with Serbia, Tanjug has learned.
Concluding a November visit to Belgrade regarding the fifth and the sixth review under the arrangement, IMF Mission head James Roaf praised Serbia’s economic success, noting the good results of the economic program were continuing.
Roaf said passing the 2017 budget pursuant to agreed parameters was one of the main requirements for the Board to approve the completion of the sixth review.