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A:
Serbia welcomes any advice from IMF, says Dinkic
Belgrade,
21 September 2006
Serbian Minister of Finance Mladjan Dinkic said today that any suggestion from the IMF is welcome in Serbia, as well as any advice on the use of funds from the National Investment Plan.
Mladjan Dinkic
Author:
FoNet
At a gathering themed "Serbia – Investment Location of the Future", organised by the Foreign Investors' Council (FIC), Dinkic told the press that it is IMF's job to be ever watchful and that any recommendation from this organisation is naturally welcome.
According to Dinkic, the fact that the IMF declared Serbia's economy a good one is very important at this moment, adding that if Serbia keeps behaving the same way in future and remains aware of IMF's suggestions, there is no reason why it should not make further headway.
He said he believes the National Investment Plan will help develop Serbia's infrastructure, increase foreign direct investment and employment rate, as well as bring about long-term stability and growth of Serbia's economy. He also added that funds from the National Investment Plan will not be used for private spending or inflation reduction but will be exploited in stages.
Serbian Minister of International Economic Relations Milan Parivodic said that foreign investors expect Serbia to adopt a bill on foreign investment as well as to carry out a reform of the city construction land, which, together with denationalisation, could be privatised as soon as early 2007.
According to Dinkic, the fact that the IMF declared Serbia's economy a good one is very important at this moment, adding that if Serbia keeps behaving the same way in future and remains aware of IMF's suggestions, there is no reason why it should not make further headway.
He said he believes the National Investment Plan will help develop Serbia's infrastructure, increase foreign direct investment and employment rate, as well as bring about long-term stability and growth of Serbia's economy. He also added that funds from the National Investment Plan will not be used for private spending or inflation reduction but will be exploited in stages.
Serbian Minister of International Economic Relations Milan Parivodic said that foreign investors expect Serbia to adopt a bill on foreign investment as well as to carry out a reform of the city construction land, which, together with denationalisation, could be privatised as soon as early 2007.
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