In the latest World Economic Forecasts, the IMF estimated that the world economy has so far withstood the conflict in the Middle East, but that oil supplies are running out and that additional shocks could quickly be transmitted to prices and supply.
Will the EPS really start laying off workers, as it has committed to the International Monetary Fund?
If Serbia wants faster and more sustainable growth, it must come more and more from productivity, innovation and a better institutional environment, and for now this is not sufficiently visible either in numbers or in reforms.
At the request of the International Monetary Fund, the Government of Serbia accepted that the operations of the city of Belgrade and its public companies be subjected to an external audit - due to the sudden increase in debts, delayed payments and fiscal risks.
In the IMF's "World Economic Review" report, Serbia is in 26th place out of 41 European countries in terms of GDP projections for 2026. Serbia's growth will slow down the most this year, it was announced in the regular autumn report.
Fiscal inflows, margins, reforms and the fate of NIS were on the agenda of the meeting between the President of Serbia, Aleksandar Vučić, and the IMF mission, a key discussion to confirm the arrangement that could affect Serbia's credit rating.
The Central Bank of Kosovo expressed its "deep gratitude to the IMF for recognizing Kosovo's progress in terms of financial stability"
The International Monetary Fund begins its regular visit to Serbia, and the first plenary meeting with representatives of domestic institutions was held at the National Bank of Serbia. The visit is led by the new head of the mission for Serbia, Annette Kjobe, who took over from the previous head of the IMF mission in April.
If a country borrows 18 billion euros to finance projects in a non-transparent way, and then half of that amount is used for corruption or misspent, the actual level of investment is only nine billion euros
In the last 11 years, the public debt has increased from 15,3 to 35,6 billion euros, and a particular problem is that, despite the claims of the Minister of Finance that "we use loans for multi-year investments, not for consumption", of the new 20 billion euros of debt, only 6 billion euros were invested in infrastructure, while the remaining 14 billion were spent or evaporated. It's like if you took a loan of 20 euros from the bank, then for 6 euros you repaired the roof and replaced the windows on the house, and 14 euros were spent on food and drink. The problem is that you have to pay back the entire debt of 20 euros, with interest
No increase in electricity and gas prices was agreed with the International Monetary Fund mission, which was discussed two weeks ago, says the Minister of Finance.
The global economy will grow roughly three percent annually over the next five years, the slowest pace since 1990
Individuals who have taken out long-term housing loans in the past few years will fare the worst, as their installments will jump by 4 to 50 percent compared to the spring of this year with the Euribor rate of 70 percent.
As the winter worsens, Ukraine's financial situation is getting worse. In addition to covering the current deficit, it is necessary to provide money for the purchase of energy sources. Ukraine can hardly continue with the "monetary financing" of the costs of the war without a complete collapse of its financial system
Half in advance, half after the job is done. Aleksandar Vučić's announcement that young people will receive another 100 euros at the beginning of June at the latest sounds like that. Elections are scheduled for April 3
As the first country in the world, the Republic of El Salvador introduced Bitcoin as legal tender. The International Monetary Fund sees this as a threat to financial stability and is putting pressure on the Government in San Salvador to withdraw that decision
Just as an epidemic was needed to establish new forms of control over citizens, a new custom was also established: give people a few tens of euros before the elections, and they will give you good returns. This has already reached 30 billion euros of public debt, which someone will pay back with interest
