ZAGREB, Dec 17 (Hina) - The Economic and Social Council (GSV) will hold a session on Wednesday to discuss a new stand-by arrangement which Zagreb and the International Monetary Fund should sign.
ZAGREB, Dec 17 (Hina) - The Economic and Social Council (GSV) will
hold a session on Wednesday to discuss a new stand-by arrangement
which Zagreb and the International Monetary Fund should sign. #L#
The agreement, i.e. a draft memorandum on the economic and
financial policy, adopted by the government last week, would be in
force until March 2004. Finance Minister Mato Crkvenac described it
as less rigorous than the previous one.
Unionists, however, who are one of three members of the GSV,
expressed dissatisfaction with the agreement with the IMF as it
envisages cuts in severance pays and duration of notice.
(hina) ms