ZAGREB, May 14 (Hina) - An International Monetary Fund mission will arrive in Croatia on 18 May to continue talks with Croatian officials on a possible new stand-by agreement.
usluge-Politika
ZAGREB, May 14 (Hina) - An International Monetary Fund mission will
arrive in Croatia on 18 May to continue talks with Croatian officials
on a possible new stand-by agreement.#L#
During its second visit this year, the delegation, which will be led
by the chief of the IMF mission to Croatia, Dimitri Demekas, is
expected to hold more concrete talks on the possible new stand-by
deal.
The IMF mission paid its first visit to Croatia in mid-April. The
focus of the talks which the Fund's representatives have held so far
with Croatian officials has been on the problem of Croatia's high
foreign debt. The main point of the next round of the talks will also
be efforts to stabilise the share of the external debt in the Gross
Domestic Product.
Croatia's authorities have already announced that they will not draw
funds from the new arrangement and that the deal will be used to
support the country's credit rating and economic policy.
(Hina) ms