Serbian deal with IMF unrealistic in 2013 - finance minister


  • World
  • Monday, 01 Jul 2013

Serbia's Economy Minister Mladjan Dinkic talks during a business forum at the Kopaonik winter resort March 9, 2010. REUTERS/Djordje Kojadinovic

BELGRADE (Reuters) - It would be unrealistic to expect Serbia to reach a new loan deal with the IMF this year, the country's finance minister was quoted as saying on Monday, in remarks likely to disappoint investors.

The International Monetary Fund froze a previous 1 billion euro (852 million pounds) deal in early 2012 over broken spending promises and investors had been looking for a new deal to prop up the country's increasingly shaky finances.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Ford U.S. sales drop in April
Trump cites Biden classified records probe as he seeks to toss documents case
Nearly 50 killed by heavy rains in Rwanda in past two months
Canadian international trade declines in March
US mistakenly killed civilian in 2023 Syria strike, Pentagon says
Education forum calls for boost to China-UK cooperation
Roundup: Kenya faces devastating losses as heavy rains trigger widespread flooding
Bangladesh's July-April remittances total 19 bln USD
Educational institutions in India's Kerala close amid heat wave
Britain's Cameron, in Kyiv, promises Ukraine aid for 'as long as it takes'

Others Also Read