Governor Radović: CBCG Strongly Supports the Establishment of the IMF Regional Centre
27/04/2025
During her stay in Washington for the IMF/World Bank Spring Meetings, the CBCG Governor Irena Radović, attended a high-level meeting at the invitation of Alfred Kammer, the Director of the European Department at the International Monetary Fund.
The meeting focused on the IMF’s initiative to establish a Regional Technical Assistance Centre for Southeast Europe, which would provide comprehensive support to the Western Balkans countries and Moldova in strengthening capacities in key areas of economic management. The Centre is planned to cover technical assistance in five key areas: fiscal policy, monetary and financial sector policy, macroeconomic statistics, macroeconomic modelling and legal aspects - including fiscal and financial law, and the prevention of money laundering and terrorist financing (AML/CFT).
Governor Radović strongly endorsed the initiative, emphasising its significance for further institutional development and economic progress of the region’s countries and for strengthening their resilience in an increasingly complex global environment.
Additionally, Governor Radović participated in a meeting with central bank governors and finance ministers of European countries. The IMF organised this meeting to discuss the challenges posed by the changing global environment, including rising energy prices, fiscal pressures and trade uncertainties, and measures to contribute to reducing uncertainty and encouraging sustainable economic growth in the region.
On the last day of her stay in Washington, Governor Radović also participated in the meeting of the Supervisory Board of the Vienna Initiative to discuss the current challenges faced by the region’s countries in adhering to the Single Euro Payments Area (SEPA). The discussions focused on regulatory, technical and infrastructural aspects of this process and the role of international partners in supporting the full integration of the region’s countries into the European payments area.
These events rounded off Governor Radović’s participation in this year’s Spring Meetings, during which the CBCG actively contributed to regional and international dialogues on development priorities, strengthening resilience and deepening cooperation.