The brand new settlement with the IMF implies that Serbia has nobody to take cash from – Muricas News
The brand new settlement with the IMF implies that Serbia has nobody to take cash from – Muricas News
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The brand new settlement with the Worldwide Financial Fund (IMF) implies that Serbia now not has anybody to borrow cash from, stated Danica Popović, a professor on the College of Economics.
Popović advised “Vreme” that “salaries and pensions will definitely not undergo within the first spherical of measures.”
“We used to take cash from the Russians or the Chinese language, however now we are able to’t due to the warfare or it’s not that common,” stated Popović and predicted that the IMF will ask Serbia to “shut” the account with a fiscal deficit of three or 4 %.
Since Serbia will “clearly have a deficit many occasions bigger”, she warned that it is going to be an enormous downside.
“Salaries and pensions will definitely not undergo within the first spherical, however within the second spherical they are going to, as their improve shall be prohibited, and they are going to be eaten up by inflation,” stated Popović.
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