2006-01-24
The National Bank of Serbia issued its 2006 Monetary Policy Programme to achieve a considerable reduction in inflation and maintain financial system stability. The central bank plans to liberalize the foreign exchange market, gradually withdraw from direct interventions, and utilize market-based instruments like repo operations to manage liquidity and curb euroization. Additionally, the document outlines expanded supervisory activities over banks, insurance companies, financial leasing, and voluntary pension funds to ensure sector-wide risk management and compliance with international standards.