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By bne IntelliNews Serbia is hopeful that S&P Global Ratings will elevate its current ‘BB+/B’ long- and short-term foreign and local currency sovereign credit ratings to an investment grade later this year, said Finance Minister Sinisa Mali on April 22. ‘Serbia has changed and they [international financial institutions] saw it. We also want that formal seal of the largest rating agencies. We are not giving up on our reform agenda, and the IMF has approved the extension of the arrangement for another two years because there is still more that we want to do for Serbia,’ Mali said following a thr…

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