The donors' conference for the Federal Republic
of Yugoslavia was held on June 29, 2001
in Brussels. The meeting, held at senior official level, was co-chaired by the World Bank and the European Commission. Since
the needs of Kosovo have already been addressed in separate
meetings, they will not be covered at this event.
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Source: Joint
EC/World Bank
Office for South East Europe
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The FRY
Delegation at the meeting |
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As a result of the Donor Co-ordination meeting
held in Brussels on December 12, 2000, significant progress has
been made in meeting the most urgent needs of the FRY over the
winter period. In the meantime, the FRY and Republic governments
have taken first steps towards economic stabilization and
structural adjustment. They have also reached an understanding
with the IMF on an economic program to be supported by a stand-by
arrangement which is in the process of being finalized, and FRY
has been admitted as a member in the World Bank. The Paris Club of
official creditors is also expected to soon give a first
indication of how it plans to address FRY’s external debt. At
the June conference, donors discussed
the substantial progress made on reforms and the normalization of
relations with the international financial community. The FRY
government provided an update on progress, and there will
be an economic assessment by the IMF.
The World Bank, in co-operation with the
European Commission, and in close consultation with the FRY
government, has produced an Economic Recovery and Transition
program (ERTP) for the Federation as well as for Serbia and
Montenegro. The ERTP outlines a comprehensive structural reform
agenda, including sectoral policy reforms and priority public
investments, as well as identifying urgent balance of payments /
budget needs for 2001. The program is described in a document
entitled "Federal Republic of Yugoslavia. Breaking with the
Past: The Path to Stability and Growth", which has been published in two volumes. Volume 1 covers the economic, social and
institutional reform agenda, and Volume 2 comprises a series of
sector annexes.
Chairmen's Conclusions
Pledging
Results
See Indicative
Agenda.
Look at or listen
to
Opening Remarks by the European Commission, World Bank, and
Federal Republic of Yugoslavia
Opening statement by Catherine
Day, Deputy Director General, Directorate General for External
Relations, European Commission
(transcript)
(also available as audio
recording)
Opening statement by Mr. Johannes
Linn, Vice President for Europe and Central Asia, The World Bank
(transcript)
(also available as audio
recording)
Statement by Miroljub
Labus, Deputy Prime Minister and Minister for Foreign Economic
Relations, Federal Government of FR Yugoslavia (transcript)
(also available as audio
recording)
All audio recordings are in Real Audio format.
Statements by Delegations
Denmark
European
Commission
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Source: Joint
EC/World Bank
Office for South East Europe
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The mood
at the conference was very positive |
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International
Monetary Fund
Japan
Norway
Soros
Foundation
Stability
Pact
United
States
Background Documentation
Federal Republic of Yugoslavia. Breaking with the
Past: The Path to Stability and Growth (including Economic
Recovery and Transition Program). Issued on June
12, 2001.
Serbia: Reform Agenda of
Serbia
is now available on the following website: http://www.mier.sr.gov.yu
Montenegro: Economic Reform
and Recovery strategy, prepared by the Government of the Republic of
Montenegro
available at http://www.donors.cg.yu
Press
Press Release
Media
Advisory
(also
available as PDF file,
14 KB)
Press Backgrounder: The World Bank and the Federal Republic of Yugoslavia
(also
available as PDF file,
16 KB)
Other
World Bank
and European Commission Pre-briefing with NGOs (PDF, 13KB)
See Frequently
Asked Questions on the Donors Conference.
Form to Record
Pledges to the Federal Republic of Yugoslavia (Serbia and
Montenegro) - available in following formats:
Further details on the conference and other background
documentation will also be published here.
See FR Yugoslavia page.
1 This
Conference is a meeting of donor governments, countries of the
South East Europe region and international organizations. While it
is not open to the public, information about the meeting will be
made available on this website.
