A mission of the International Monetary Fund recommended that Serbia be able to draw some 380 million euros (USD465 million) from a standby arrangement with the fund. The recommendation is pending the approval of the IMF executive board. The board is expected to consider the recommendation in late June. The IMF mission conducted the fourth review of Serbia’s economic program, which is supported by the standby agreement, May 12-26.
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About the author
Ma. Rizza Leonzon
As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.
