November 8, 2023
Restoring Price Stability and Securing Strong and Green GrowthEurope is at a turning point. After last year’s crippling energy price shock caused by Russia’s invasion of Ukraine, Europe faces the difficult task of restoring price stability now while securing strong and green growth in the medium term. Economic activity has started to cool and inflation to fall as a result of monetary policy action, phasing-out supply shocks, and falling energy prices. Sustained wage growth could, however, delay achieving price stability by 2025. Failing to tackle inflation now will risk additional growth damage in a world exposed to structural shocks from fragmentation and climate change. These global headwinds add to Europe’s long-standing productivity and convergence problems. To lift Europe’s potential for strong and green growth, countries need to remove obstacles to economic dynamism and upgrade infrastructure. This will strengthen business-friendly conditions and investment. Cooperation at the European level and with international partners will position Europe as a leader in the climate transition and support economic stability across the continent.
Read the Report
This web page presents information about the work of the IMF in Serbia, including the activities of the IMF Resident Representative Office. Additional information can be found on the Serbia and IMF country page, including IMF reports and Executive Board documents that deal with Serbia.
At A Glance
- Current IMF membership: 190 countries
- Serbia Joined December 14, 1992; Article VIII
- Quota : SDR 467.70 million
- The last Article IV Executive Board Consultation was on February 23, 2015 ( Country Report No. 15/50 )
News and Highlights
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Reforms Help Serbia Prepare for EU Accession
Interview with Sebastian Sosa, IMF Resident Representative in Serbia (p.16)
November 8, 2018
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Remaining Challenges Must Be Addressed With Great Vigoeur
Interview with Sebastian Sosa, IMF Resident Representative in Serbia
November 8, 2018
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Serbia Completes Successful IMF Program
IMF Country Focus
February 22, 2018
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Serbia Completes Successful IMF Program
IMF Country Focus (PDF in Serbian)
February 22, 2018
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Džejms Ruf o povećanju plata i penzija
July 5, 2017
Serbia and the IMF
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March 26, 2024
An International Monetary Fund (IMF) mission, led by Donal McGettigan, held in-person meetings with the Serbian authorities during March 14-26, 2024 to discuss performance under Serbia’s Stand-By Arrangement
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Executing a Soft Landing for a Lasting Recovery
March 15, 2024
Today’s gathering comes two years after Russia’s invasion of Ukraine, a subsequent energy-price roller coaster, and the advent of a more fragmented global economy. Against this backdrop Europe has done well, because governments acted fast and decisively. Unemployment rates have remained low, inflation has declined sharply, and the EU announced a new accession effort—stemming the tide of fragmentation.
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Report on Government Finance Statistics Technical Assistance: Republic of Serbia
February 13, 2024
Author/Editor:David S Bailey
Series:High Level Summary Technical Assistance Report No. 2024/006 -
December 21, 2023
The IMF Executive Board concluded the second review under the Stand-By Arrangement (SBA) with the Republic of Serbia, allowing access to about EUR 400 million. The authorities intend to treat the SBA as precautionary starting from this review, one review earlier than planned.
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December 21, 2023
Series:Country Report No. 2023/433