Vujovic: No matter who wins elections, Serbia has obligations

PHOTO: TANJUG / DRAGAN STANKOVIC

WASHINGTON – The World Bank (WB) and the International Monetary Fund (IMF) have praised Serbia’s fiscal consolidation and reforms but, regardless of who wins the elections and becomes part of the new government, continuing the three-year reform programme will remain Serbia’s obligation, Minister of Finance Dusan Vujovic said Monday.

“It is a reform programme that Serbia has defined for itself, and that is where the IMF, the WB, the European Bank and the European Investment Bank are joining us to help us, but it is our reform programme,” Vujovic told the RTS from Washington, where the WB/IMF spring meetings ended on Sunday.

The conclusions from the meetings are good for Serbia as the end of 2015 and Q1 2016 were assessed positively, Vujovic said, adding that the period will be discussed once the new government is formed and the IMF visits Serbia in early June.

The new government is expected to continue structural reforms and take significant steps regarding public enterprises such as the national electric power company EPS, the Serbian Railways, the Roads of Serbia company and Srbijagas.

“But there are also the issues of continuing the public sector reforms, improving the work of the administration and the transition to the so-called modern government, and those will be the fundamental topics of our discussions in the coming period,” the minister said.

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