Republic of Croatia: First Review of the Stand-By Arrangement

November 20, 2001

Preview Citation

Format: Chicago

Republic of Croatia: First Review of the Stand-By Arrangement, (USA: International Monetary Fund, 2001) accessed November 24, 2024

Summary

The Croatian authorities are likely to either meet or exceed the original growth, inflation, and international reserves objectives under the Stand-By Arrangement. Executive Directors commended the program, and stressed the need to maintain fiscal sustainability, and reduce public wages and employment from unsustainable levels. They welcomed the Croatian National Bank for pursing price stability, and emphasized the need to maintain fiscal and monetary policies, and accelerate structural reforms. Directors agreed that Croatia has successfully completed the first review under the Stand-By Arrangement.

Subject: Banking, Central banks, Currencies, Economic sectors, Exchange rates, Foreign exchange, International reserves, Money, Privatization

Keywords: Authorities' effort, Authorities' reform program, CR, Currencies, Deficit, Deficit target, Employee, Exchange rates, Expenditure reduction, Global, Government, International reserves, ISCR, Market condition, Privatization, Reform program

Publication Details

Pages:

91
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2001/209
Stock No:

1HRVEA0022001
ISBN:

9781451817317
ISSN:

1934-7685

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