Monday, September 01, 2014


Belgrade To Seek New Credit From IMF

Finance Minister Mladjan DinkicFinance Minister Mladjan Dinkic
Finance Minister Mladjan Dinkic
Finance Minister Mladjan Dinkic
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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Comment Sorting
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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