Serbian Prime Minister Mirko Cvetkovic and Finance Minister Diana Dragutinovic reached an agreement with the International Monetary Fund (IMF) mission on Monday to consider, in scope of the fourth revision of the Stand-By Arrangement, the possibility of unfreezing salaries and pensions.

"Agreement has been reached to consider a possible unfreezing of salaries and pensions from the point of 2010 economic trends and by examining fiscal consequences," it was released in a statement after the meeting.

The topic of the meeting with the IMF mission, led by Albert Jaeger, was both the current economic situation in Serbia and macroeconomic indicators for the first quarter of 2010, the government's press service released in a statement.

In the next two weeks talks will be held with the IMF mission in scope of the fourth revision of the arrangement, which will focus on the further implementation of the agreed measures, the statement reads.

The official talks between Serbia and the international financial institution were opened by a plenary session at the National Bank of Serbia early Monday, Tanjug was told at the central bank.

The IMF mission began its two-week talks on the fourth revision of the Stand-By Arrangement with the representatives of the Serbian authority on Thursday, May 13.