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SABOR CONSIDERS STRATEGY OF MACRO-ECONOMIC DEVELOPMENT

ZAGREB, Oct 3 (Hina) - During a debate on a strategy of the macro-economic development of Croatia, all parliamentary benches on Thursday agreed that the main objective of the national economic policy was the country's accession to the European Union, as a basis for the macro-economic development of the country.
ZAGREB, Oct 3 (Hina) - During a debate on a strategy of the macro- economic development of Croatia, all parliamentary benches on Thursday agreed that the main objective of the national economic policy was the country's accession to the European Union, as a basis for the macro-economic development of the country. #L# The benches supported the government's strategy, and assessed that the economic growth would depend on when Croatia would be admitted to the European Union (EU) and international economic integration processes, which would guarantee a long-term and sustainable development. All what hampers the country's bids to enter the EU, also hampers its economic growth, the party benches agreed. Parliamentarians said it would be of key importance to increase the Gross Domestic Product (GDP), cut the unemployment rate, stimulate systematically the export, reduce the foreign debt, educate Croatian citizens and use their knowledge, as well as to strengthen the fiscal and monetary policies and ensure the legal security. Economy Minister Ljubo Jurcic informed MPs that the strategy of the macro-economic development for the 2001-2015 period was based on an open export-oriented economy with the improvement of the standard of living. The strategy projects the annual growth rate in GDP of five percent until 2015, with the strengthening of the economic and social stability, export, competitiveness, the modernisation of the technical equipment and investment in education and science. (hina) ms sb

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