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Tuesday, 13 October 2009

Thirty-Seventh Sitting of the Finance Committee

At the sitting held on 13 October, the Finance Committee members considered in principle the Bill on the regulation of obligations of the Republic of Serbia toward the International Monetary Fund under allocation of special drawing rights granted by Board of Governors resolutions no.


At the sitting held on 13 October, the Finance Committee members considered in principle the Bill on the regulation of obligations of the Republic of Serbia toward the International Monetary Fund under allocation of special drawing rights granted by Board of Governors resolutions no. 63-4 and no. 52-4, submitted by the Government of the Republic of Serbia.

The sitting was attended by representatives of the National Bank of Serbia and State Secretary at the Ministry of Finance Vuk Djokovic who briefly outlined the Bill for the Committee members. He stressed that the IMF had granted this type of funds to all member countries due to the effects of the global economic crisis. Serbia was granted 338 special drawing rights currently amounting to about 420 million EUR, considering that the value of 1 special drawing right is 1.08 EUR. He stressed that these were not the funds that the IMF had already negotiated with Serbia, drawn by the National Bank for the country’s foreign currency reserves, but special funds used to raise liquidity and for budgetary purposes. The conditions of the loan are very favourable, the interest rate today amounts to 0.26%, and the due date is not stipulated.

Following a short discussion, the Committee members accepted the Bill in principle by a majority of votes.

The sitting was chaired by Zoran Krasic, Committee Chairman.

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monday, 24 august

  • 8.00 - sitting of the Committee on Human and Minority Rights and Gender Equality (National Assembly House, 13 Nikola Pasic Square, library)

  • 8.30 - sitting of the Agriculture, Forestry and Water Management Committee (National Assembly House, 13 Nikola Pasic Square, hall 3)

  • 8.30 - sitting of the Committee on Spatial Planning, Transport, Infrastructure and Telecommunications (National Assembly House, 13 Nikola Pasic Square, Small Hall)

  • 8.30 - sitting of the Health and Family Committee (National Assembly House, 13 Nikola Pasic Square, hall 4)

  • 8.30 - sitting of the Committee on Constitutional and Legislative Issues (National Assembly Building, 14 Kralja Milana Street, Blue Salon)

  • 9.00 - sitting of the Committee on Finance, State Budget and Control of Public Spending (National Assembly House, 13 Nikola Pasic Square, hall 2)

  • 9.00 - sitting of the Defence and Internal Affairs Committee (National Assembly House, 13 Nikola Pasic Square, library)

  • 9.50 - press conference of the Ecological Uprising Parliamentary Group (National Assembly House, 13 Nikola Pasic Square, Central Hall)

  • 10.00 - 10th Extraordinary Session of the National Assembly of the Republic of Serbia, 14th Legislature (National Assembly House, 13 Nikola Pasic Square)

  • 11.00 - sitting of the of the Committee on the Judiciary, Public Administration and Local Self-Government (National Assembly House, 13 Nikola Pasic Square, hall 3)

  • 12.30 - the PFG with Canada meets with the Canadian Upper House Parliamentary Friendship Group with Serbia (National Assembly House, 13 Nikola Pasic Square, hall 4)

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