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BH FEDERATION GOVT ANNOUNCES STRONGER ECONOMY

SARAJEVO, Jan 18 (Hina) - The Government of the Bosnia-Herzegovina Federation on Monday established measures of economy policy which envisage significant progress in 1999. The measures, endorsed at a session held in Sarajevo, would increase average salaries, currently amounting to about 360 convertible marks, by 22 percent. The number of employees in this BH entity should increase for about 50,000, while current export from the BH Federation should double in relation to the existing scope. The stated goals would be accomplished were the total gross national product to increase by a planned 22 percent in relation to 1998. According to Government estimates, in 1999 the inflation rate in the Federation should remain at the current level of eight percent per year.(hina) it/ha
SARAJEVO, Jan 18 (Hina) - The Government of the Bosnia-Herzegovina Federation on Monday established measures of economy policy which envisage significant progress in 1999. The measures, endorsed at a session held in Sarajevo, would increase average salaries, currently amounting to about 360 convertible marks, by 22 percent. The number of employees in this BH entity should increase for about 50,000, while current export from the BH Federation should double in relation to the existing scope. The stated goals would be accomplished were the total gross national product to increase by a planned 22 percent in relation to 1998. According to Government estimates, in 1999 the inflation rate in the Federation should remain at the current level of eight percent per year. (hina) it/ha

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