Serbia – Media Review – October 13

BLIC

- Serbia’s central bank does not expect vast oscillations of local dinar currency by the end of this year, unless the country experiences serious economic disturbances or a large cash outflow, central bank vice governor Bojan Markovic said. But Belgrade needs to successfully complete its 3.0 billion euro funding arrangement with the International Monetary Fund (IMF) to ensure the dinar’s long-term stability, Markovic added.

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- An International Monetary Fund (IMF) mission will begin talks with Belgrade on October 26 which are expected to continue in November, the IMF Resident Representative in Serbia Bogdan Lissovolik said. The mission will review Serbia’s performance under the funding arrangement and decide whether the country has qualified to receive further tranches totalling 1.4 billion euro.

($=0.677 euro)