IMF set to decide on Serbia loan

 

An International Monetary Fund mission visits Serbia to decide whether to release the second tranche of a 3bn euros loan.

Related

  • Serbia opens talks with the International Monetary Fund (IMF) to agree an emergency loan worth up to 2bn euros.

  • The International Monetary Fund (IMF) agrees to lend Serbia 3bn euros (£2.8bn; $4.1bn) to help it through the economic downturn.

  • BELGRADE, Serbia (AP) -- An International Monetary Fund delegation opened talks with Serbia Tuesday to review whether the crisis-stricken country is adhering to the terms of a euro2.9 billion ($3.97 billion) standby loan....

  • AP - An International Monetary Fund mission agreed for crisis-stricken Serbia to make another draw from a standby loan, officials said Thursday, but warned that recovery is slower than expected.

  • AP - An International Monetary Fund delegation opened talks with Serbia Tuesday to review whether the crisis-stricken country is adhering to the terms of a euro2.9 billion ($3.97 billion) standby loan.

  • The International Monetary Fund's executive board has approved a loan of 402.5 million euros to Serbia to help it cope with the global financial crisis.

  • Serbia may cut one-fifth of the 70,000 employed in the public sector to satisfy the terms of an IMF loan.

  • Serbian authorities and the International Monetary Fund were drawing close to an agreement on the terms of emergency loan funds, Economy Minister Mladjan Dinkic said on Friday."I believe that the negotiations will be successful," Dinkic said in a statement, adding that the talks "are going in a good direction."Serbian state television RTS reported that the two sides reached an accord on Serbia's budget for 2010, without introducing an increase of VAT and with a planned deficit of four percent of GDP, half a percent lower than in 2009.

  • The International Monetary Fund board is to meet to decide on a $7.6bn (£5.1bn) loan request from Pakistan.

  • Greece on Tuesday will ask the European Union and International Monetary Fund for a first tranche of debt aid worth 20 billion euros (26 billion dollars), a finance ministry source told AFP.A first instalment of the emergency loan package amounting to 14.5 billion euros from the EU and 5.5 billion euros from the IMF "should be available, possibly within the day," the ministry source said.

 
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