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Serbia Second Public Expenditure and Public Utilities DPL

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Development objective

This is the second in a series of two development policy loans to support the Government of Serbia’s multiyear fiscal consolidation agenda and transformation of energy and transport sector public enterprises and state-owned companies. The series supports critical policy and institutional reforms within three pillars with the following development objectives: (A) Improve public expenditure management through strengthened public financial management and public administration reform; (B) Improve the financial sustainability and efficiency of energy sector public enterprises; and (C) Improve the financial sustainability and efficiency of transport sector public enterprises and state-owned companies

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