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CROATIAN OFFICIALS, WB EXECUTIVE PRAISE COOPERATION

ZAGREB, Jan 15 (Hina) - During his first visit to Croatia, the World Bank's new executive director for Croatia, Ed Melkert, held talks with Prime Minister Ivica Racan, Finance Minister Mate Crkvenac and his deputy Damir Kustrak, the government's public relations office said in a statement on Wednesday.
ZAGREB, Jan 15 (Hina) - During his first visit to Croatia, the World Bank's new executive director for Croatia, Ed Melkert, held talks with Prime Minister Ivica Racan, Finance Minister Mate Crkvenac and his deputy Damir Kustrak, the government's public relations office said in a statement on Wednesday. #L# Racan told Melkert Croatia and its citizen appreciated the cooperation with the World Bank very much. Melkert supported Croatia's reforms and stressed the bank would continue to assist Croatia, which, as he said, had achieved good macroeconomic results so far. During talks with the finance minister and his assistant, the World Bank official positively assessed Croatia's macroeconomic results, particularly the relatively high economic growth, the low inflation and the reduced budgetary deficit. According to Minister Crkvenac, Croatia's cooperation with the World Bank is very good and useful for Croatia. He attached particular importance to the latest projects -- organising cadastral books and land registers, reforming the pension system, and introducing credit lines for structural adjustments. The minister said Croatia's economic priorities in 2003 included further reducing the budgetary deficit, maintaining the high economic growth which will enable increasing employment, implementing reforms and privatisation, the government's statement said. (hina) it sb

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