Serbian Minister of International Economic Relations Predrag Bubalo said upon his return from Washington that the agreements the Serbian government concluded with the International Monetary Fund (IMF) and the World Bank are a sign of support to the government's commitment to reforms.
Predrag Bubalo
Bubalo told the B92 television that those agreements are a good signal for foreign investors, because Serbia's economy cannot develop without the inflow of foreign capital. This capital will bring new technologies, new management and new markets, which will enable better use of domestic resources.
The Minister added that after the agreements with the IMF and the World Bank were reached, the European Union has also taken a different attitude towards the Serbian government's macroeconomic policy.