Serbia may need to tap its new loan from the International Monetary Fund if energy prices rise, the fund’s Country Director Bogdan Lissovolik said.
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“Right now it is highly improbable that Serbia will need the funds,” Lissovolik told reporters today at a conference in the capital Belgrade. Serbia could be forced to use the loan if energy prices rise dramatically because Serbia is a net energy importer or if the price of its exports slumps or if there are capital outflows, he said.
Source;bloomberg
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