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GOVERNMENT TO DISCUSS PENSION REFORM THURSDAY

ZAGREB, Sept 26 (Hina) - The second pillar of pension insurance will be introduced in Croatia as of January 1 of next year, and since all preparations will be completed on time, at tomorrow's session the government will discuss what has been done so far and what needs to be done so the pension reform could begin smoothly. Since the pension reform and the payment transaction reform are connected, one of the government's tasks is to make decisions on restructuring the Payment Transactions Bureau, a section of which would be turned into a new finance supervision agency, FINA. The government will tomorrow be informed of the results of privatisation. The shares of the Croatian Privatisation Fund portfolio, worth 432 million kuna (about US$53 million), were sold in the first eight months of this year, the report to be discussed reads. The upcoming main privatisation tasks are privatising large systems, such as shipbuilding comp
ZAGREB, Sept 26 (Hina) - The second pillar of pension insurance will be introduced in Croatia as of January 1 of next year, and since all preparations will be completed on time, at tomorrow's session the government will discuss what has been done so far and what needs to be done so the pension reform could begin smoothly. Since the pension reform and the payment transaction reform are connected, one of the government's tasks is to make decisions on restructuring the Payment Transactions Bureau, a section of which would be turned into a new finance supervision agency, FINA. The government will tomorrow be informed of the results of privatisation. The shares of the Croatian Privatisation Fund portfolio, worth 432 million kuna (about US$53 million), were sold in the first eight months of this year, the report to be discussed reads. The upcoming main privatisation tasks are privatising large systems, such as shipbuilding companies, multi-plant companies, and the predominantly state-owned tourism portfolio. The government will also discuss several bills, including the one on the participation of the Croatian Armed Force, police, civil protection members, state officials and employees in peace keeping operations and other activities abroad. (hina) lml sb

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