Serbia and Montenegro : Third Review Under the Extended Arrangement and Requests for Waiver of a Performance Criterion and Rephasing of Purchases

1SCGEA0032004 Image
Price:  $15.00

Release Date: © July, 2004
ISBN : 978-1-45183-354-6
Stock #: 1SCGEA0032004
English
Stock Status: On back-order

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Description

This paper examines Serbia and Montenegro’s Third Review Under the Extended Arrangement and Requests for Waiver of Performance Criterion. Serbia and Montenegro’s recent economic performance has been mixed, combining excellent progress in some areas with an uncomfortably large current account deficit and modest growth in output and exports from low levels. The envisaged tightening of fiscal policy is broadly appropriate—albeit overly reliant on revenue measures. Achieving the fiscal deficit target will help narrow the current account deficit and place the fiscal and external accounts on sustainable paths.

Taxonomy

Extended Fund Facility , IMF governance and operations , Operations , Programs




More publications in this series: IMF Staff Country Reports