National Bank of Serbia outlines Serbia’s IMF and World Bank engagement at Switzerland Constituency meeting in Washington

The National Bank of Serbia published an account of the Republic of Serbia’s participation in the Switzerland Constituency meeting held alongside the International Monetary Fund (IMF) and World Bank Group Spring Meetings in Washington, where members reviewed current cooperation with the two institutions and discussed planned activities. Serbia’s delegation highlighted the implementation of its current Policy Coordination Instrument with the IMF and presented macroeconomic results achieved since the previous Constituency meeting. The meeting included briefings by the IMF Managing Director, Patrick Loševski, and the World Bank Managing Director, Beatrice Masser, covering activities since the October 2025 Annual General Meeting and discussion of Spring Meeting priorities including global economic stabilisation amid conflicts in the Middle East, increased trade tensions, rising debt and climate initiatives. Serbia also emphasised cooperation within the Constituency, particularly with Azerbaijan and Kazakhstan, referencing recent bilateral engagements and a series of agreements and memoranda signed across sectors, as well as areas identified for joint progress such as artificial intelligence, robotics and education. The update noted the 110th anniversary of diplomatic relations between Switzerland and Serbia and that a visit by the President of the Swiss Confederation, Mr. Parmelan, is expected soon, and it set out the Constituency’s membership and voting shares, including 2.93% for the Switzerland Constituency and 0.16% for Serbia.