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Serbia and Montenegro: First Review Under the Extended Arrangement

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  • International Monetary Fund

Abstract

This paper assesses Serbia and Montenegro’s First Review Under the Extended Arrangement (EA). Serbia and Montenegro’s economic and policy performance has remained good under the current EA, but daunting challenges lie ahead. Macroeconomic policies need to be carefully calibrated to address potential risks to macroeconomic and financial instability, while the task of economic restructuring will be increasingly difficult. The IMF staff welcomes the authorities’ commitment to address delays in the adoption of reform legislation that led to nonobservance of some structural benchmarks and notes the need to avoid new slippages.

Suggested Citation

  • International Monetary Fund, 2003. "Serbia and Montenegro: First Review Under the Extended Arrangement," IMF Staff Country Reports 2003/151, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2003/151
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=16586
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    Cited by:

    1. Klaus Michal & Tomáš Slacík, 2006. "Serbia: Country Profile and Recent Economic Developments," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue 2, pages 109-133.

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