Cover IMF Staff Country Reports
Buy Book in Print
Republic of Serbia: 2007 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Serbia
Author:
International Monetary Fund
Search for other papers by International Monetary Fund in
Current site
Google Scholar Close
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2008: Issue 054
Language:
English
Publication Date:
05 Feb 2008
DOI:
https://doi.org/10.5089/9781451834895.002
ISBN:
9781451834895
ISSN:
1934-7685
Pages:
70
Keywords:
ISCR; CR; core inflation; deficit; headline inflation; fiscal policy stance; staff projection; stock market development; privatization revenue; staff appraisal; exchange rate; Current account balance; Credit; Global
Download PDF (4 MB) Download Epub
The Serbian economy has continued to grow strongly, but external imbalances have widened along with vulnerabilities. To contain domestic demand, fiscal surpluses are needed, until the benefits of structural reforms are reaped. Low inflation should be entrenched by adoption of inflation targeting once government support and sound fiscal policies are in place. Competitiveness should be restored through corporate restructuring and wage moderation. Accelerating structural reforms is the key. Financial stability risks have been managed by building adequate buffers. The supervisory framework should continue to be strengthened.
  • Collapse
  • Expand
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund