Serbia and IMF Reach Agreement on Economic Reform Review

The IMF and Serbia reached a staff-level agreement on a reform program review. Growth is projected at 2.75 percent this year with a 3 percent deficit limit set.

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Serbia reached a staff-level agreement with the IMF on its third reform review, following a 36-month arrangement signed in October 2024. The agreement unlocks continued support for economic reforms and simplifies access to external lending for the Balkan nation. Investors track these reviews as benchmarks for fiscal stability and the country's ability to maintain a 3% GDP deficit limit.

### Growth Targets and Regional Risks The IMF expects Serbian economic growth to reach 2.75% this year despite spillovers from conflict in the Middle East. Output is projected to accelerate to 4% in 2027.

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