PRECONDITIONS FOR DEVELOPMENT OF CROATIAN ECONOMY CREATED

SIBENIK, Nov 8 (Hina) - Croatian Minister for Reconstruction and Development Jure Radic today met Sibenik County officials to discuss projects of the reconstruction and development of Sibenik County and entire Croatia. The talks particularly focused on linking the Sibenik and Zadar water supply systems. Radic said Croatia was planning to build apartments for war victims, which would stimulate the economy and create 100,000 new jobs. Radic emphasized that Croatia was facing a period of investment which would lead to the reduction of unemployment and eventually the shortage of labour force. He noted that in this respect all basic preconditions were met - inflation had been curbed, the country had no external debt after two years of war and would only apply for international loans for profitable projects. The talks also discussed extensive material damage Sibenik County suffered during the war. Industrial production was halved and the number of the unemployed was high. (hina) mm ks vm 081859 MET nov 94