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BRIEF NEWS BULLETIN IN ENGLISH NO. 4080

HR-BULLETIN-Politika BRIEF NEWS BULLETIN IN ENGLISH NO. 4080 BRIEF NEWS BULLETIN IN ENGLISH NO. 4080HINA Zagreb 9 August 2001FINANCE MINISTER SAYS BUDGETARY DEFICIT MUST STAY AT AGREED LEVEL BECAUSE OF CROATIA, NOT IMFZAGREB, Aug 9 (Hina) - Deputy Premier Slavko Linic, Finance Minister Mato Crkvenac, the central bank's deputy governor Boris Vujcic, and the head of the International Monetary Fond (IMF) mission to Croatia, Hans Flickenschild, on Thursday expressed satisfaction with today's talks and an agreement to keep the budgetary deficit at the present level. Flickenschild said one of the most important goals of the implementation of a stand-by arrangement, approved for Croatia in March, was to sustain the deficit of the Gross Domestic Product at the agreed 5.3 percent. After the agreement is examined by the IMF's technical service and approved by the IMF's management, it will be presented to the IMF's executive board, whereby the procedure concerning the stand-by arrangement will be

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