The representatives of the Ministry of finance participated at the IMF Conference on Fiscal Risks: Sources, Disclosure, and Management

Mr. Nikola Vukićević, Assistant minister for budget and Vladislav Karadžić, Independent advisor I in the budget department, have participated at the International Monetary Fund Conference on Fiscal Risks: Sources, Disclosure, and Management, held in Paris in the period from 28th to 29th October 2008. The Conference was organized for high level officials from ministries of finance and budget departments. The Conference was devoted to the financial risks, as well as the ways for the overcoming of risks, with the special focus on fiscal risks arising due to deteriorations from fiscal expectations set forth in the planned budget or other focal projections, macroeconomic shocks and high level of outstanding liabilities.