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Implementation of the new arrangement between Serbia and IMF is possible from the middle of the year

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The implementation of the new arrangement that Serbia will sign with the International Monetary Fund (IMF) could start as early as the middle of this year, and two revisions, which are performed during the year, could be done every June and December during the arrangement, it was agreed today between the Minister of Finance Sinisa Mali and the Head of the IMF Mission Jan Kees Martijn.
In the online conversation, in which the permanent representative of the IMF in Serbia, Sebastian Sosa, also participated, it was agreed that they would negotiate with the representatives of the IMF in the next two to three months on the content of the new arrangement, the Ministry of Finance announced.
Minister Mali pointed out that this program will continue with the implementation of structural reforms, such as the reform of salaries in the public sector, the reform of public companies, fiscal rules and the reform of the capital market.
He reminded that in the last two and a half years, as long as the previous arrangement lasted, Serbia fulfilled almost all the planned goals – the so-called the Swiss formula for adjusting pensions, the Commission for the implementation of capital investments was formed and the Regulation on the management of capital projects was adopted.
Basic and secondary activities within the Tax Administration have also been separated, and the number of organizational units in it has been reduced so that this administration is now more efficient.
A unit within the Ministry of Finance that deals with fiscal risks has also been established, the first package of problematic claims of banks in bankruptcy has been sold, and an invitation to sell the second and last package has been published, Dnevnik reports.

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