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Serbia and IMF agree on PCI program

Serbia and an International Monetary Fund (IMF) mission have agreed a new, 30-month arrangement – a Policy Coordination Instrument (PCI) program.

It will have an advisory role and does not include financial assistance.

Visiting IMF mission chief James Roaf announced the deal on Wednesday.

The PCI-supported program has the goal of maintaining microeconomic and financial stability, and making progress in realizing the ambitious plan for structural and institutional reforms to encourage rapid and inclusive growth, job creation and higher standard of living.

Source; B92