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Serbia May Seek $1.4B IMF Loan

Serbia may ask the International Monetary Fund to offer about $1.4 billion.

    Serbia may ask theInternational Monetary Fund(国际货币基金组织(IMF)提供约14亿美元,Reutersreports. The new deal will not anticipate any requirement to draw on a standby loan, saidAlbert Jaeger, head of the IMF mission to Serbia.

    The future borrowing figures will be reviewed during the new round of talks in August. Under the terms of its previous deal with the lender, Serbia was asked keep its budget deficit at about 4.1% of gross domestic product in 2011.

    Click here for the story fromReuters.

    Click here for additional coverage fromVOA News.com.

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