BELGRADE (Serbia), September 24 (SeeNews) – An International Monetary Fund (IMF) mission will visit Serbia between September 24 and October 4 to carry out the first review of the Policy Coordination Instrument (PCI) results, the Serbian central bank on Monday.
The IMF mission, led by the head of the IMF’s Serbia team, James Roaf, will review and analyse the current economic, monetary and fiscal developments in the country, as well as macroeconomic projections for this and next year, the Serbian central bank said in an e-mailed statement.
The representatives of IMF will also discuss the fulfillment of objectives and the implementation of agreed economic policy measures, in order to preserve the internal and external balance, the strengthening of institutions and the continuation of reforms in the financial sector in Serbia, the central bank said.
Particular attention will be paid to accelerating the commenced structural reforms, which should contribute to productivity increase, private sector employment and the achievement of high and sustainable economic growth, the central bank added.
In July, the IMF said it reached a staff-level agreement on a 30-month Policy Coordination Instrument with Serbia which includes reforms of the tax administration to help increase the efficiency of revenue collection and improve the business climate.