Sunday, April 20, 2014


Serbia

Belgrade To Seek New Credit From IMF

Finance Minister Mladjan DinkicFinance Minister Mladjan Dinkic
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Finance Minister Mladjan Dinkic
Finance Minister Mladjan Dinkic
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Serbia's Finance Minister Mladjan Dinkic said on August 2 his country will seek to negotiate new credit from the International Monetary Fund (IMF) instead of trying to revive an arrangement suspended last year.

The IMF in February suspended a standby credit to Serbia, saying the previous government in Belgrade failed to cut spending to agreed limits.

A new coalition government took office last week.

Dinkic said Belgrade has already invited the IMF to open talks on a new credit.

The minister told reporters he has a "clear plan" to address the country's financial problems, including its unprecedentedly high budget deficit that currently stands at some $2.6 billion.

He said the new plan will be unveiled by the end of September.  
 
With reporting by RFE/RL's Balkan Service and dpa 
 
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by: Darren from: Canada
August 03, 2012 22:51
I am not going to approve this, sorry! I am asking the Serbs to replace their Russian alphabet with the European (Latin) one, to show that they are pro-Europe, and not pro-Russia. Yes, I know that Serbia would still be a Turkish province if it wasn't for the Russians (I found this out from a Serb friend of mine). But it happened long ago. Serbs, stand up on your own! Join the civilized world! Aferr that we may talk about the loan.

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