National Bank-IMF talks end

A press release said that the agreement will be presented to the IMF’s Executive Board for approval.

“The general assessment of the IMF team is that Serbia’s macroeconomic performance is resilient. "The labour market remains robust, inflation is easing, FX reserves are high, public debt is declining, and banks are well-capitalised and liquid,” it added.

The press release said that NBS Governor Jorgovanka Tabakovic told the IMF mission that Serbia continues to implement sound and well-coordinated policies.

She said Serbia achieved a sharp decline in inflation, maintained and reinforced financial stability and added that its real GDP growth was among the highest in Europe, accompanied by employment growth and a reduction in unemployment which, she said, confirms that good policies were implemented.