Serbia and Montenegro Third Review Under the Extended Arrangement and Requests for Waiver of a Performance Criterion and Rephasing of Purchases

This paper examines Serbia and Montenegro's Third Review Under the Extended Arrangement and Requests for Waiver of Performance Criterion. Serbia and Montenegro's recent economic performance has been mixed, combining excellent progress in some areas with an uncomfortably large current accou...

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Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2004, 2004
Series:IMF Staff Country Reports; Country Report
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Summary:This paper examines Serbia and Montenegro's Third Review Under the Extended Arrangement and Requests for Waiver of Performance Criterion. Serbia and Montenegro's recent economic performance has been mixed, combining excellent progress in some areas with an uncomfortably large current account deficit and modest growth in output and exports from low levels. The envisaged tightening of fiscal policy is broadly appropriate-albeit overly reliant on revenue measures. Achieving the fiscal deficit target will help narrow the current account deficit and place the fiscal and external accounts on sustainable paths
Physical Description:100 p.
ISBN:1451833547
9781451833546