01945cas a2200241 a 4500 AALejournalIMF017068 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475532289 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Republic of Serbia : Fourth and Fifth Reviews Under the Stand-By Arrangement and Rephasing of the Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Republic of Serbia. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (82 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 discusses Serbia's Fourth and Fifth Reviews Under the Stand-By Arrangement and Rephasing of the Arrangement. The program is delivering good results, particularly in achieving key macroeconomic objectives. Significant fiscal tightening and efforts to address structural weaknesses have helped boost confidence and restore growth. This has been supported by a healthy credit recovery on the back of substantial monetary policy easing as inflation has been persistently low. Notwithstanding this progress, public debt remains elevated and delays continue in some structural reforms, in part owing to recent elections. Further structural reforms are required to improve the business climate and support Serbia's medium-term growth. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/287 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/287/002.2016.issue-287-en.xml IMF e-Library