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PM: GOVERNMENT TO DISCUSS DEBT, ELECTIONS TO BE HELD IN NOVEMBER

ZAGREB, Aug 20 (Hina) - Croatian Prime Minister Ivica Racan said on Wednesday the government would next week debate the problem of Croatia's debt and balance of payments.
ZAGREB, Aug 20 (Hina) - Croatian Prime Minister Ivica Racan said on Wednesday the government would next week debate the problem of Croatia's debt and balance of payments. #L# To prepare for the discussion, government, finance ministry and Croatian National Bank officials and Racan will meet on August 22. The executive and monetary authorities do not share the same view of the problem, he said, but added the differences were not big. There is a problem, but it has not gained alarming proportions, Racan said, adding the country's foreign debt was not a significant problem as much as some elements in the balance of payments. Then there are issues of grey economy, import and export, encouraging exports, the issue of services and the like, he said. After next week's government session, the debt and balance of payments problems will be discussed in parliament, Racan said, adding there was no reason to avoid a debate on the issues in any way. At tomorrow's session, the government will be apprised of the extensive work of responding to the EU questionnaire. The task is being carried out well and will be completed on time, Racan said. The government is prepared to do a fair and good job until the end of its term and do everything to see that the date of elections does not depend on its work, Racan said, adding the government should finish its chief strategic task pertaining to joining the EU by the end of October. "From the government's point of view, there is no reason for elections not to be held in the second half of November, since by that time the government and parliament will have completed their strategic tasks," Racan said when asked if the government was prepared for elections in the autumn. Racan also discussed topical issues with leaders of the ruling coalition with whom he met for an informal lunch today. (hina) lml

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