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The Government of the Republic of Serbia

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Serbia receives support from the IMF for everything it has done so far

Belgrade/Washington, 18 April 2024

Deputy Prime Minister and Minister of Finance Sinisa Mali spoke today in Washington with IMF Deputy Director Bo Li and Director of the European Department at the IMF Alfred Kammer, who supported everything that Serbia has done so far and pointed out that the world economy managed to avoid recession, which is good news for the citizens of Serbia.

Addressing journalists, Mali said that at the meeting, which was also attended by Governor of the National Bank of Serbia Jorgovanka Tabakovic, our country received great support for everything it has done in the previous period.

Earlier today, as part of his three-day participation in the spring session of the International Monetary Fund (IMF) and the World Bank Group, he also met with representatives of member countries of the IMF and World Bank Constituencies.

Mali explained that on that occasion our delegation presented the economic results from the previous year, as well as what we plan to do in the coming period, stating that he also informed the interlocutors that the Serbian economy is growing despite the challenges, as well as that macroeconomic stability has been preserved.

The Deputy Prime Minister also pointed out the importance of the meeting with the representatives of the rating agency "Standard and Poor΄s", one of the three largest credit rating agencies in the world, pointing out that according to their report from just two weeks ago, Serbia is one small step towards an investment rating.

We want to take that small step that would be the crown of the economic reforms we are implementing, the crown of everything we do and a big plus and incentive for the further growth of our economy, he said.

Mali said that one of the most important goals of his visit to Washington is to determine what still needs to be done in order to get an investment rating as soon as possible, with the expectation that this will happen next year at the latest.

PHOTOS: Ministry of Finance