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Oct 26, 2007 13:55 EEST
October 26 (SeeNews) - A mission of the International Monetary Fund (IMF) started on Friday a two-week visit to Serbia to assess the country's macroeconomic performance, Serbia's central bank, NBS, said on Friday.
The mission visit started on Friday with talks with NBS governor Radovan Jelasic and the bank's vice governors, the central bank said in a statement.
The IMF representatives will hold talks with top government officials, the central bank and commerical banks and companies in order to evaluate the macroeconomic situation in Serbia, the progress of the reforms and the plans for the next year.
Following the conultations, the mission will present its evalution of the economic situation in Serbia, which is a strong signal to all foreign investors, NBS said.
Under Article IV of its Articles of Agreement, the IMF holds annual meetings with its member states to discuss their economic policies.
Serbia completed a three-year stand-by agreement with the IMF in February 2006.
So far, there have been no indications on whether the ex-Yugoslav republic would seek new funding agreement with the global lender.
Attending an annual World Bank/IMF meeting last weekend, Serbia's Deputy Prime Minister Bozidar Djelic said that a new arrangement was possible for 2008 or 2009.
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