BRIEF NEWS BULLETIN IN ENGLISH NO. 5030

HR-HINA Zagreb, 30 July 2003-Politika BRIEF NEWS BULLETIN IN ENGLISH NO. 5030 GOVERNMENT ENDORSES BILLS ON PRIVATISATION AND ASSETS FUNDZAGREB, July 30 (Hina) - The Croatian government on Wednesday endorsed a law on privatisation and a law on the Croatian Assets Fund (HIF), which has until now been called the Croatian Privatisation Fund (HFP). The endorsed bills regulate the entire portfolio which is held by the Republic of Croatia and which is going to be privatised. Under the privatisation bill, the state-run portfolio consists of shares and business stocks held by the HFP, the State Agency for the Insurance of Saving Deposits and Bank Restructuring, the Croatian Pension Insurance Fund, the Croatian Health Insurance Fund and also companies and public companies owned by the Republic of Croatia and institutions established by the government. According to Economy Minister Ljubo Jurcic, the management of all those assets, including their sale, being performed by one body will render priv