World Bank Executive Director A. Melkert visits the CNB

Published: 8/7/2004

Today, Executive Director Ad Melkert representing the World Bank constituency of countries, which includes Croatia visited the Croatian National Bank. The CNB's vicegovernor Tomislav Presečan, MS informed him about the most recent economic and monetary developments in Croatia as well as the measures aimed at restraining the foreign debt.

The esteemed guest expressed a particular interest in the co-ordination of monetary and fiscal policy measures in order to achieve the adopted goals, which include reducing the balance of payments and fiscal deficits. He was also interested in Croatia's preparations for the accession to the European Union and the European Monetary System, as well as the way in which this country could use the relevant experiences of other transition countries, which have already joined the EU.