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CROATIAN NATIONAL BANK ADOPTS MONETARY PROJECTION

ZAGREB, Jan 17 (Hina) - The Croatian national Bank Council, preside by governor Zeljko Rohatinski, on Wednesday discussed indices of most recent economic and financial trends, adopted a monetary projection for this year and amendments to the bank's financial business for this year. The main aim of the adopted monetary policy will be maintaining economic stability, a statement issued by the bank after the session read. The rate of inflation, thus, should not exceed 4.5 per cent this year, which will secure further sustaining of the currency stability. Should all envisaged preconditions be achieved, the central bank is expecting an increase in the inflow of the country's official international reserves by over 270 million dollars this year. This means that the monetary policy in conditions of stable prices would make a contribution in efforts of the overall economic and development policy,
ZAGREB, Jan 17 (Hina) - The Croatian national Bank Council, preside by governor Zeljko Rohatinski, on Wednesday discussed indices of most recent economic and financial trends, adopted a monetary projection for this year and amendments to the bank's financial business for this year. The main aim of the adopted monetary policy will be maintaining economic stability, a statement issued by the bank after the session read. The rate of inflation, thus, should not exceed 4.5 per cent this year, which will secure further sustaining of the currency stability. Should all envisaged preconditions be achieved, the central bank is expecting an increase in the inflow of the country's official international reserves by over 270 million dollars this year. This means that the monetary policy in conditions of stable prices would make a contribution in efforts of the overall economic and development policy, following the principles and standards of the European central banking system, the bank said in the statement. (hina) lml

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