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BRIEF NEWS BULLETIN IN ENGLISH NO. 5811

ZAGREB, Sept 22 (Hina) - In its latest semi-annual report on globaleconomy forecasts the International Monetary Fund lowered theforecasts for the growth of Croatian economy in 2005 and 2006 inrelation to the report released in April. The Merill Lynch-Raiffeisen Bankconsortium will be a financial adviser to the Croatian government inthe further privatisation of the INA oil company, the governmentdecided at a session in Slavonski Brod on Thursday. Government subsidies in 2004 totalled6.1 billion kuna, a 3.8 percent drop from 2003. The share ofgovernment subsidies in Gross Domestic Product fell from 3.3 percentin 2003 to 2.9 percent in 2004, the head of the Agency for theProtection of Market Competition, Olgica Spevec, told the CroatianGovernment at its session in the eastern city of Slavonski Brod onThursday. The Croatian government on Thursdayheld a session in the eastern city of Slavonski Brod at which itendorsed a program providin

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