Republic of Croatia: Staff Report for the 2000 Article IV Consultation and Request for Stand-By Arrangement

March 23, 2001

Preview Citation

Format: Chicago

Republic of Croatia: Staff Report for the 2000 Article IV Consultation and Request for Stand-By Arrangement, (USA: International Monetary Fund, 2001) accessed November 25, 2024

Summary

Croatia achieved progress in restoring control over the public finances. Executive Directors welcomed the comprehensive economic program, with its focus on the fiscal deficit and tax reductions, wage discipline, and structural reforms in the context of a stable exchange rate. They stressed the need to maintain fiscal and monetary policies, and improve the economic statistics. They commended the country's banking system under a strengthened regulatory framework and improved supervision. They also appreciated Croatia's accession to the World Trade Organization.

Subject: Banking, Central banks, Expenditure, Foreign exchange, International reserves, Labor, Revenue administration, Wages

Keywords: Attached Memorandum of Economic and Financial Policies, Car import privilege, Central and Eastern Europe, CPF privatization, CR, Eastern Europe, Europe, Global, Government, International reserves, ISCR, Performance clause, Program implementation, Wages

Publication Details

Pages:

102
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2001/050
Stock No:

1HRVEA0012001
ISBN:

9781451817263
ISSN:

1934-7685

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