75828
Serbia Growth Forecast Lowered
Serbia Growth Forecast Lowered

Serbia Growth Forecast Lowered

Serbia Growth Forecast Lowered

The International Monetary Fund revised Serbia’s 2017 growth forecast down to 2% from 2.3% on Tuesday and urged the Balkan country to improve its business environment and accelerate public sector reform, Reuters reported. The fund kept its 2018 growth forecast at 3.5%. The head of its mission to Serbia, James Roaf, said that once its current €1.2 billion ($1.39 billion), three-year loan program ends in February, Belgrade could be a candidate for an IMF tool known as the Policy Coordination Instrument. The PCI is designed for countries seeking to demonstrate commitment to a reform agenda or to unlock and coordinate financing from other official creditors or private investors.

Short URL : https://goo.gl/vqNLYT
  1. https://goo.gl/3rzVf8
  • https://goo.gl/ftBHpW
  • https://goo.gl/YP2162
  • https://goo.gl/EDzSBP
  • https://goo.gl/AzkvvR

You can also read ...

Indonesia Criticizes Trump’s Protectionist Policies
Indonesia is foregoing billions of dollars on offer from...
Dow futures dropped more than 100 points in early trading, as traders returned from the long holiday  weekend to face fresh selling pressure for US stocks.
A six-day rebound in world stocks began to splutter on Tuesday...
Chinese ironworks are increasingly  using Australian ore, which has  a high iron content.
Global stock markets are down from their recent peaks and...
GM Seeking  S. Korea Backing
General Motors has offered to convert debt of around $2.2...
ADB Forecasts India Growth at 7.3 Percent
The Asian Development Bank expects India’s growth to pick up...
Ghana Told to Cut High Agro Imports
The World Bank country director for Ghana, Henry Kerali, has...
Colombia Expects Better Times
Colombia’s economy could grow 3% this year as sectors like...
London-based Capital Economics expects the German economy to expand by 2.7% this year. This would be above the government’s  more conservative forecast of 2.4%.
The German economy is expected to improve in the next six...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus