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GOVT TO DISCUSS ECONOMIC GROWTH MEASURES WITHIN FORTNIGHT

ZAGREB, Feb 14 (Hina) - The government will present measures for securing a 7% economic growth rate when it is certain about their efficacy, Prime Minister Ivica Racan said on Thursday. This will be a very ambitious and difficult project. It is very difficult to achieve a 7% economic growth rate as early as this year, but everything should be done to reach this goal as soon as possible, Racan told reporters after a government session. He announced that the measures would be discussed by the government within 15 days. The government agenda on Thursday thus did not include a draft macroeconomic strategy, which is part of the strategy "Croatia in the 21st Century". The document is a projection of Croatia's economic growth for 2001 -2015, in which period the per capita GDP should double. This means that the average GDP annual growth rate would be around five percent. The authors of the study estimated that fro
ZAGREB, Feb 14 (Hina) - The government will present measures for securing a 7% economic growth rate when it is certain about their efficacy, Prime Minister Ivica Racan said on Thursday. This will be a very ambitious and difficult project. It is very difficult to achieve a 7% economic growth rate as early as this year, but everything should be done to reach this goal as soon as possible, Racan told reporters after a government session. He announced that the measures would be discussed by the government within 15 days. The government agenda on Thursday thus did not include a draft macroeconomic strategy, which is part of the strategy "Croatia in the 21st Century". The document is a projection of Croatia's economic growth for 2001 - 2015, in which period the per capita GDP should double. This means that the average GDP annual growth rate would be around five percent. The authors of the study estimated that from 2001 to 2004 the GDP could rise by more than four percent annually. Between 2005 and 2010, the GDP could grow at a rate of around six percent, and from 2011 to 2015 by 4.8 percent. (hina) lml sb

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