IMF Staff Country Reports

Federal Republic of Yugoslavia: Membership and Use of Fund Resources—Request for Emergency Post-Conflict Assistance

Publication Date:

January 8, 2001

Electronic Access:

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Summary:

The Federal Republic of Yugoslavia is faced with the task of stabilizing and reviving a devastated economy after years of military conflicts, sanctions, and economic mismanagement. A weakened institutional capacity and the still evolving political situation is a cause for concern. A short-term macroeconomic strategy is required to bring down inflation. The fiscal position should be improved, and the continued incurrence of expenditure arrears should be avoided. The government should adopt a comprehensive economic program of stabilization and reform that can be supported by the IMF.

Series:

Country Report No. 2001/007

Subject:

Arrears Banking Budget planning and preparation Commercial banks Expenditure External debt Financial institutions Public financial management (PFM)