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CROATIAN DELEGATION TO ATTEND ANNUAL IMF, WORLD BANK ASSEMBLY

ZAGREB, Sept 23 (Hina) - A Croatian delegation at the annual assembly of the World Bank and the International Monetary Fund (IMF), to be held in Washington on September 28 and 29, will be led by Deputy Finance Minister Damir Kustrak and deputy governor of the Croatian National Bank Boris Vujcic.
ZAGREB, Sept 23 (Hina) - A Croatian delegation at the annual assembly of the World Bank and the International Monetary Fund (IMF), to be held in Washington on September 28 and 29, will be led by Deputy Finance Minister Damir Kustrak and deputy governor of the Croatian National Bank Boris Vujcic. #L# Also scheduled is a meeting with the heads of the IMF Mission to Croatia. Talks will focus on the possible signing of a new stand-by arrangement between Croatia and the IMF, Kustrak told reporters on Monday. Of the indicators to be presented by the Croatian delegation in Washington, Kustrak pointed to the stagnation of indebtedness, a budget deficit which is under control, and optimistic announcements for 2003. In 2003, Finance Ministry officials expect the economic growth rate will grow to around five percent, the reduction of the budget deficit, the maintaining of the currency stability, and low inflation trends. (hina) it sb

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