About IMF Organization

International Monetary Fund is international macroeconomic institution which helps Serbia ease and overcome balance of payments problems. Up to date the Executive Board of the IMF approved to Serbia around EUR1.16 billion.

  • On December 20, 2000 the Executive Board of the International Monetary Fund determined that the Federal Republic of Yugoslavia had fulfilled the conditions to succeed to the membership of the former Socialist Federal Republic of Yugoslavia and approved a loan of EUR140 million under the IMF’s Policy on emergency post-conflict assistance to stabilize the FRY's economy and rebuild administrative capacities.
  • On June 11, 2001 the Executive Board approved a stand-by credit of EUR 240 million, which has been fully been disbursed.
  • On May 14, 2002 the Executive Board approved an Extended Arrangement for EUR 778 million to support a program running from 2002 to 2005.
  • On June 29, 2005 the Executive Board completed the fifth review of Serbia and Montenegro's economic performance under an Extended Arrangement and extended the program to end-December 2005.
  • On February 7, 2006 the Executive Board of the International Monetary Fund completed the sixth and final review of Serbia and Montenegro's economic performance under an Extended Arrangement and approved US$90.1 million disbursement.
  • On July 21, 2006, following the declaration of independence from Serbia by Montenegro, and reflecting the views of the international community on this matter, it has been determined that Serbia is the continuing state of the former state union of "Serbia and Montenegro" . Accordingly, Serbia continues the membership of the former Serbia and Montenegro in the International Monetary Fund (IMF) and retains all of this member's quota in the Fund, and all assets in, and liabilities to, the IMF.


The IMF provides the government and central bank of Serbia with technical assistance and training in its areas of expertise such as fiscal policy, monetary policy, and statistics. Technical assistance and training help the country strengthen its human and institutional capacity, and design and implement effective macroeconomic and structural policies.

For Serbia's Governor, quota, and voting power in the IMF, see
www.imf.org/external/np/sec/memdir/members.htm

For Serbia's Executive Director in the IMF and constituency, see
www.imf.org/external/np/sec/memdir/eds.htm

IMF
Office in Belgrade
Address:
Kralja Petra 12, 11000 Belgrade
Phone:
+381 11 3027 369; 3027 213; 3027 219
Fax:
+381 11 3283 843

Local web site address:
www.imf.org/external ...
Global web site address:
www.imf.org