01687cas a2200241 a 4500 AALejournalIMF008450 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451840865 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Serbia and Montenegro : First Review Under the Extended Arrangement. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (105 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper assesses Serbia and Montenegro's First Review Under the Extended Arrangement (EA). Serbia and Montenegro's economic and policy performance has remained good under the current EA, but daunting challenges lie ahead. Macroeconomic policies need to be carefully calibrated to address potential risks to macroeconomic and financial instability, while the task of economic restructuring will be increasingly difficult. The IMF staff welcomes the authorities' commitment to address delays in the adoption of reform legislation that led to nonobservance of some structural benchmarks and notes the need to avoid new slippages. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2003/151 Full text available on IMF http://elibrary.imf.org/view/journals/002/2003/151/002.2003.issue-151-en.xml IMF e-Library