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Republic of Serbia Third Review Under the Policy Coordination Instrument, Request for a Stand-By Arrangement, and Cancellation of the Policy Coordination Instrument-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Serbia

In the wake of the Covid pandemic, Serbia embarked on a well-paced consolidation path to rebuild buffers, supported by a program under the Policy Coordination Instrument (PCI). Given higher energy prices and domestic electricity production problems, high global inflation, weaker trading partner grow...

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Bibliographic Details
Corporate Author: International Monetary Fund European Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2022
Series:IMF Staff Country Reports
Subjects:
Energy: Demand And Supply
Industries: Energy
Public Finance & Taxation
Currency; Foreign Exchange
Taxes
Trade Policy
Deflation
Exports And Imports
Energy Sector
International Organization
International Trade
International Institutions
Energy And The Macroeconomy
International Economics
Macroeconomics
Taxation
Energy Prices
Imports
International Agreements And Observance
Petroleum, Oil & Gas Industries
Inflation
International Organizations
Tariffs
Tariff
International Trade Organizations
Monetary Economics
Energy Industries
International Agencies
Trade: General
Economic Sectors
Price Level
Prices
Monetary Policy
Money And Monetary Policy
Serbia, Republic Of
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:In the wake of the Covid pandemic, Serbia embarked on a well-paced consolidation path to rebuild buffers, supported by a program under the Policy Coordination Instrument (PCI). Given higher energy prices and domestic electricity production problems, high global inflation, weaker trading partner growth, and spillovers from Russia’s war in Ukraine, the authorities have requested financial support under a two-year Stand-by Arrangement (SBA) of SDR 1,898.92 million (290 percent of quota, about EUR 2.4 billion). The SBA supports economic and financial policies to address external and fiscal financing needs, maintain macroeconomic and financial stability, and continue to strengthen the economy’s performance and resilience through structural reforms. The PCI was cancelled upon approval of the SBA.
Physical Description:106 pages
ISBN:9798400228803

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