Croatian President Stipe Mesic praised the cabinet for reaching an agreement with the IMF on a new stand-by programme.The $140m financing deal was approved by parliament 18 December and now awaits confirmation by the IMF executive board, expected early next year.Apart from conditions on fiscal policy, the programme outlines targets for improving labour market flexibility.
Presedintele croat Stipe Mesic a laudat cabinetul pentru a fi ajuns la o intelegere cu FMI asupra unui aranjament stand-by. Imprumutul de 140mn USD corespunzator aranjamentului a fost aprobat de catre parlament pe 18 decembrie, in prezent fiind asteptata confirmarea din partea Bordului FMI, care va sosi cel mai probabil imediat la inceputul anului viitor. In afara de conditiile de politica fiscala, programul are in vedere cresterea flexibilitatii pietei fortei de munca.