CRO GOVERNMENT ON LETTER OF INTENT SENT TO IMF

ZAGREB, Sep 7 (Hina) - Croatian Prime Minister Nikica Valentic said at today's Government session that the letter of intent, sent to the International Monetary Fund (IMF), would be presented to the public today. The letter of intent for stand by arrangement shows the entire policy of the Croatian Government in the next period, said governor of the Croatian National Bank (NBH) Pero Jurkovic. He added that the letter described the Croatian economic policy in the next period, measures that the Government and other institutions should adopt by 30 September and criteria for the implementation of the program. Jurkovic said that the IMF managing board would be in session on 14 October. On 15 October, we will get loans to the amount of US $ 250 millions, he said. According to recent data, Croatia's currency reserves are over US $ 2 billion. Prices are reduced and salaries increased, said the Government's session which also discussed several bills. (hina) mm ks 071954 MET sep 94