TohidA/MONA · Datasets at Hugging Face

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-08-01

P1

R1

BLANK

PA

20.5

1.5. Debt Management

Government to issue a decree that limits the issuance of new guarantees.

2

Program Prior Action

M

N/A

1

2

2023-09-23

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-08-01

P1

R1

BLANK

PA

20.5

1.5. Debt Management

Prepare a complete register of active government guarantees, include a record of all new and expired or amortized guarantees during the first half of the year by July 15, 2003

3

First Review Prior action

M

Was a spc for first review, and waived. Done on July 15, 2003, as a prior action for the first review.

1

3

2023-09-23

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-08-01

P1

R1

BLANK

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

Government to submit to parliament a new budget law.

1

Program Prior Action

M

N/A

1

2023-09-23

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-08-01

P1

R1

BLANK

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

Parliament to approve a central government budget and the Ministry of Finance to provide consolidated budget data for the 53 largest local governments consistent with the agreed program.

2

Program Prior Action

M

N/A

1

2

2023-09-23

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-08-01

P1

R1

BLANK

PA

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Government to maintain January 22, 2003 as the deadline for receiving binding offers for 25 percent plus one share in the oil company (INA).

1

Program Prior Action

M

N/A

1

2023-09-23

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-08-01

P1

R1

BLANK

PA

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Reach a final, irrevocable decision by July 15, 2003 on th eprivatization of 25 percent plus one share of INA.

2

First Review Prior action

M

N/A

1

2

2023-09-23

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-08-01

P1

R1

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Send a mandate letter to the IFC by June 15, requesting the IFC to conduct due diligence of HPB with a view to subscribing to 19 percent of its capital with approriate veto powers.

1

First Review Prior action

M

N/A

1

2023-09-23

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-08-01

P1

R1

BLANK

PA

28

9. Labor markets, excluding public sector employment

Government to submit to parliament an amended labor law.

1

Program Prior Action

M

N/A

1

2023-09-23

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-08-01

P1

R1

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Report data on government guarantees outstanding on September 30, 2003.

1

09/30/2003

SB

N/A

1

2003-09-30

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-08-01

P1

R1

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Report data on government guarantees outstanding on December 31, 2003.

2

12/31/2003

SB

N/A

1

2

2003-12-31

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-08-01

P1

R1

BLANK

SB

20.8

1.8. Budget preparation (e.g., submission or approval)

Parliament to approve by end-March 2003 a new budget law.

1

03/31/2003

MD

Approved by parliament on May 29, 2003.

1

2003-03-31

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-08-01

P1

R1

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Government to make a decision by end-March 2003 on the bids received for the privatization of the oil company (INA).

1

03/31/2003

NM

The government formally invited the IFC to subscribe to 19 percent of HPB's capital with appropriate veto powers on June 10, 2003.

1

2003-03-31

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-08-01

P1

R1

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Croatian National Bank (CNB) to implement a regulation to include options in the calculation of banks' net open foreign exchange position by end-September 2003.

1

09/30/2003

M

The regulations regarding this took effect on April 1, 2003.

1

2003-09-30

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-08-01

P1

R1

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Croatian National Bank (CNB) to issue a regulation to include options in the calculation of banks' net open foreign exchange position.

2

06/30/2003

M

The regulations regarding this took effect on April 1, 2003.

1

2

2003-06-30

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-08-01

P1

R1

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Government to prepare by end-March 2003 a privatization program for the Croatian Postal Bank (HPB).

1

03/31/2003

NM

A final decision will be made by mid-July 2003.

1

2003-03-31

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-08-01

P1

R1

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Prepare a plan to privatize Croatia Banka by December 31, 2003.

2

12/31/2003

SB

N/A

1

2

2003-12-31

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-08-01

P1

R1

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Sign a subscription agreement with the IFC committing the IFC to acquire 19 percent of HPB's capital with appropriate veto powers by September 30, 2003.

3

09/30/2003

SB

N/A

1

3

2003-09-30

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-08-01

P1

R1

BLANK

SPC

20.5

1.5. Debt Management

Government to prepare criteria for issuing guarantees by end-March 2003.

1

03/31/2003

WMOD-PA

Done on July 15, 2003, as a prior action for the first review.

1

2003-03-31

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-11-12

P1

R2

L

PA

20.1

1.1. Revenue measures, excluding trade policy

Parliament to approve a package of revenue measures consistent with the agreed program

1

Program Prior Action

M

N/A

2

1

2023-09-23

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-11-12

P1

R2

L

PA

20.5

1.5. Debt Management

Government to issue a decree that limits the issuance of new guarantees.

1

Program Prior Action

M

N/A

2

1

2023-09-23

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-11-12

P1

R2

L

PA

20.5

1.5. Debt Management

Prepare a complete register of active government guarantees, include a record of all new and expired or amortized guarantees during the first half of the year by July 15, 2003

2

First Review Prior action

M

Was a spc for first review, and waived. Done on July 15, 2003, as a prior action for the first review.

2

2023-09-23

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-11-12

P1

R2

L

PA

20.5

1.5. Debt Management

Adopt criteria for issuing government guarantees by July 15, 2003.

3

First Review Prior action

M

Previously a spc for the first review which was not met, and done on July 15, 2003, as a prior action for the first review.

2

3

2023-09-23

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-11-12

P1

R2

L

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

Parliament to approve a central government budget and the Ministry of Finance to provide consolidated budget data for the 53 largest local governments consistent with the agreed program.

1

Program Prior Action

M

N/A

2

1

2023-09-23

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-11-12

P1

R2

L

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

Government to submit to parliament a new budget law.

2

Program Prior Action

M

N/A

2

2023-09-23

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-11-12

P1

R2

L

PA

21.1

2.1. Central bank operations and reforms

Government to place the proceeds from the second tranche SAL disbursement in a foreign currency account with the CNB until early 2004.

4

Second Review Prior action

M

N/A

2

4

2023-09-23

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-11-12

P1

R2

L

PA

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Government to maintain January 22, 2003 as the deadline for receiving binding offers for 25 percent plus one share in the oil company (INA).

1

Program Prior Action

M

N/A

2

1

2023-09-23

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-11-12

P1

R2

L

PA

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Reach a final, irrevocable decision by July 15, 2003 on the privatization of 25 percent plus one share of INA.

3

First Review Prior action

M

N/A

2

3

2023-09-23

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-11-12

P1

R2

L

PA

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Government to receive the proceeds of the privatization of INA.

4

Second Review Prior action

M

N/A

2

4

2023-09-23

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-11-12

P1

R2

L

PA

25.1

6.1. Financial sector legal reforms, regulation, and supervision

CNB to ask banks to report their ten largest customers' foreign exchange exposure.

1

Second Review Prior action

M

N/A

2

1

2023-09-23

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-11-12

P1

R2

L

PA

25.2

6.2. Restructuring and privatization of financial institutions

Send a mandate letter to the IFC by June 15, requesting the IFC to conduct due diligence of HPB with a view to subscribing to 19 percent of its capital with approriate veto powers.

2

First Review Prior action

M

N/A

2

2023-09-23

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-11-12

P1

R2

L

PA

25.2

6.2. Restructuring and privatization of financial institutions

Government to send a revised mandate letter to the IFC requesting the latter to conduct due diligence of HPB with a view to subscribing to 19 percent of its capital.

5

Second Review Prior action

M

N/A

2

5

2023-09-23

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-11-12

P1

R2

L

PA

28

9. Labor markets, excluding public sector employment

Government to submit to parliament an amended labor law.

1

Program Prior Action

M

N/A

2

1

2023-09-23

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-11-12

P1

R2

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Report data on government guarantees outstanding on September 30, 2003.

1

09/30/2003

MD

The data were received on October 14, 2003.

2

1

2003-09-30

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-11-12

P1

R2

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Report data on government guarantees outstanding on December 31, 2003.

2

12/31/2003

SB

N/A

2

2003-12-31

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-11-12

P1

R2

L

SB

20.8

1.8. Budget preparation (e.g., submission or approval)

Parliament to approve by end-March 2003 a new budget law.

1

03/31/2003

MD

Approved by parliament on May 29, 2003.

2

1

2003-03-31

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-11-12

P1

R2

L

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Government to make a decision by end-March 2003 on the bids received for the privatization of the oil company (INA).

1

03/31/2003

NM

The government formally invited the IFC to subscribe to 19 percent of HPB's capital with appropriate veto powers on June 10, 2003.

2

1

2003-03-31

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-11-12

P1

R2

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Croatian National Bank (CNB) to issue a regulation to include options in the calculation of banks' net open foreign exchange position.

1

06/30/2003

M

The regulations regarding this took effect on April 1, 2003.

2

1

2003-06-30

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-11-12

P1

R2

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Croatian National Bank (CNB) to implement a regulation to include options in the calculation of banks' net open foreign exchange position by end-September 2003.

2

09/30/2003

M

The regulations regarding this took effect on April 1, 2003.

2

2003-09-30

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-11-12

P1

R2

L

SB

25.2

6.2. Restructuring and privatization of financial institutions

Government to prepare by end-March 2003 a privatization program for the Croatian Postal Bank (HPB).

2

03/31/2003

NM

A final decision was made in July 2003.

2

2003-03-31

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-11-12

P1

R2

L

SB

25.2

6.2. Restructuring and privatization of financial institutions

Sign a subscription agreement with the IFC committing the IFC to acquire 19 percent of HPB's capital with appropriate veto powers by September 30, 2003.

3

09/30/2003

MOD-SB

New SB is "Obtain IFC Board approval to subscribe to 19 percent of HPB's capital by December 31, 2003."

2

3

2003-09-30

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-11-12

P1

R2

L

SB

25.2

6.2. Restructuring and privatization of financial institutions

Prepare a plan to privatize Croatia Banka by December 31, 2003.

4

12/31/2003

SB

N/A

2

4

2003-12-31

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-11-12

P1

R2

L

SB

25.2

6.2. Restructuring and privatization of financial institutions

Obtain IFC Board approval to subscribe to 19 percent of HPB's capital by December 31, 2003.

5

12/31/2003

SB

Formerly the SB "Sign a subscription agreement with the IFC committing the IFC to acquire 19 percent of HPB's capital with appropriate veto powers by September 30, 2003."

2

5

2003-12-31

N/A

517

CROATIA

960

SBA

2003-02-03

2,003

2004-04-02

2,004

N/A

2003-11-12

P1

R2

L

SPC

20.5

1.5. Debt Management

Government to prepare criteria for issuing guarantees by end-March 2003.

1

03/31/2003

WMOD-PA

Done on July 15, 2003, as a prior action for the first review.

2

1

2003-03-31

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2004-08-04

P1

R0

E

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

The supplementary 2004 budget to be adopted by parliament.

1

Program Prior Action

M

N/A

0

1

2023-09-23

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2004-08-04

P1

R0

E

PA

25.2

6.2. Restructuring and privatization of financial institutions

The Supervisory Board of HBOR to reduce its annual lending plan for 2004 by HRK 200 million.

1

Program Prior Action

M

N/A

0

1

2023-09-23

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2004-08-04

P1

R0

E

SB

20.5

1.5. Debt Management

Government to restructure the Debt Management Department of the Ministry of Finance.

1

09/30/2004

SB

N/A

0

1

2004-09-30

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2004-08-04

P1

R0

E

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Government to eliminate bank accounts of Bank Rehabilitation and Deposit Insurance Agency (DAB).

1

06/30/2005

SB

N/A

0

1

2005-06-30

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2004-08-04

P1

R0

E

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Government to eliminate bank accounts of Highway (HAC) and Road (HC) Agencies.

2

12/31/2005

SB

N/A

0

2

2005-12-31

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2004-08-04

P1

R0

E

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Government to eliminate bank accounts of Privatization Fund (HFP).

3

09/30/2005

SB

N/A

0

3

2005-09-30

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2004-08-04

P1

R0

E

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Government to complete the register of government debt guarantees, including guarantees by local governments, and reconcile data with the Croatian National Bank (CNB).

1

12/31/2004

SB

N/A

0

1

2004-12-31

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2004-08-04

P1

R0

E

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Government to complete the third phase of privatization of Croatian telecom (HT).

1

12/31/2005

SB

N/A

0

1

2005-12-31

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2004-08-04

P1

R0

E

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Government to formulate a medium-term business plan on Croatian Railways to reduce its reliance on subsidies and improve cost recovery.

2

12/31/2004

SB

N/A

0

2

2004-12-31

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2004-08-04

P1

R0

E

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Government to appoint a Working Group to prepare the reform to unify the supervision of nonbank financial intermediaries.

1

09/30/2004

SB

N/A

0

1

2004-09-30

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2004-08-04

P1

R0

E

SB

25.2

6.2. Restructuring and privatization of financial institutions

Government to formulate a plan on privatization of Croatian insurance company (CO).

1

06/30/2005

SB

N/A

0

1

2005-06-30

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2004-08-04

P1

R0

E

SPC

20.8

1.8. Budget preparation (e.g., submission or approval)

Government to prepare rolling three-year budgets starting with 2005-07.

1

09/30/2004

PC

N/A

0

1

2004-09-30

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2005-09-14

P1

R1

BLANK

PA

20.5

1.5. Debt Management

Ministry of Finance and the CNB to finalize the agreement on the procedures for the ongoing reconciliation of the registries of government debt guarantees.

1

First Review Prior action

M

N/A

1

2023-09-23

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2005-09-14

P1

R1

BLANK

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

Budget to approve supplementary budget consistent with a general government deficit of 4.2 percent of GDP in 2005.

1

First Review Prior action

M

N/A

1

2023-09-23

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2005-09-14

P1

R1

BLANK

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

The supplementary 2004 budget to be adopted by parliament.

2

Program Prior Action

M

N/A

1

2

2023-09-23

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2005-09-14

P1

R1

BLANK

PA

22

3. Civil service and public employment reforms, and wages

Parliament to approve new Civil Service Law.

1

First Review Prior action

M

N/A

1

2023-09-23

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2005-09-14

P1

R1

BLANK

PA

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Government to appoint the Advisor for sale of state shares in INA.

1

First Review Prior action

M

This measure was specified as a prior action in EBS/05/122, but still incomplete as at the Board meeting on September 14 (see supplement to EBS/05/122). The measure was completed on September 22.

1

2023-09-23

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2005-09-14

P1

R1

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

Government to approve and submit to parliament amendments to the subsidy to building societies.

1

First Review Prior action

M

N/A

1

2023-09-23

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2005-09-14

P1

R1

BLANK

PA

25.2

6.2. Restructuring and privatization of financial institutions

The Supervisory Board of HBOR to reduce its annual lending plan for 2004 by HRK 200 million.

2

Program Prior Action

M

N/A

1

2

2023-09-23

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2005-09-14

P1

R1

BLANK

PA

28

9. Labor markets, excluding public sector employment

Government to tighten eligibility criteria for employment subsidies.

1

First Review Prior action

M

N/A

1

2023-09-23

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2005-09-14

P1

R1

BLANK

SB

20.5

1.5. Debt Management

Government to restructure the Debt Management Department of the Ministry of Finance.

1

09/30/2004

MD

At P1R1, done in early October 2004.

1

2004-09-30

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2005-09-14

P1

R1

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Government to eliminate bank accounts of Privatization Fund (HFP).

1

09/30/2005

NM

At P1R1, owing to delays in privatization, incorporation of HFP's bank accounts into single treasury account is now expected in mid-2006.

1

2005-09-30

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2005-09-14

P1

R1

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Government to eliminate bank accounts of Bank Rehabilitation and Deposit Insurance Agency (DAB).

2

06/30/2005

NM

At P1R1, owing to delays in privatization, incorporation of DAB's bank accounts into single treasury account is now expected in mid-2006.

1

2

2005-06-30

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2005-09-14

P1

R1

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Government to eliminate bank accounts of Highway (HAC) and Road (HC) Agencies.

3

12/31/2005

SB

N/A

1

3

2005-12-31

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2005-09-14

P1

R1

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Government to complete the register of government debt guarantees, including guarantees by local governments, and reconcile data with the Croatian National Bank (CNB).

1

12/31/2004

MD

Substantial progress made, but not completed until first review. The first review included, as a prior action, the finalization of the agreement between the MoF and the CNB on the procedures for the ongoing reconciliation of the registries of government debt guarantees.

1

2004-12-31

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2005-09-14

P1

R1

BLANK

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Government to submit to Parliament for approval the draft law on the reform of supplementary health insurance.

1

11/30/2005

SB

N/A

1

2005-11-30

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2005-09-14

P1

R1

BLANK

SB

24.1

5.1. Public enterprise pricing and subsidies

Parliament to approve amendments to the Law on State Aid.

1

09/30/2005

SB

N/A

1

2005-09-30

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2005-09-14

P1

R1

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Government to complete the third phase of privatization of Croatian telecom (HT).

1

12/31/2005

MOD-SB

Merged with benchmark on preparing a plan for privatization of CO (both now for end-December 2005).

1

2005-12-31

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2005-09-14

P1

R1

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Government to complete the third phase of privatization of HT (telecom company).

2

12/31/2005

SB

N/A

1

2

2005-12-31

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2005-09-14

P1

R1

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Government to formulate a medium-term business plan on Croatian Railways (HZ) to reduce its reliance on subsidies and improve cost recovery.

3

12/31/2004

MD

At P1R1, done in February 2005.

1

3

2004-12-31

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2005-09-14

P1

R1

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Government to appoint a Working Group to prepare the reform to unify the supervision of nonbank financial intermediaries.

1

09/30/2004

MD

At P1R1, done in early October 2004.

1

2004-09-30

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2005-09-14

P1

R1

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Government to submit to Parliament for approval the law creating unified supervision of nonbank financial institutions.

2

11/30/2005

SB

N/A

1

2

2005-11-30

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2005-09-14

P1

R1

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Government to formulate a plan on privatization of Croatian insurance company (CO).

1

06/30/2005

MOD-DATE

At P1R1, delayed, and new end-December 2005 test date set.

1

2005-06-30

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2005-09-14

P1

R1

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Government to formulate a plan on privatization of Croatian insurance company (CO).

1

12/31/2005

SB

N/A

1

2005-12-31

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

N/A

2005-09-14

P1

R1

BLANK

SPC

20.8

1.8. Budget preparation (e.g., submission or approval)

Government to prepare rolling three-year budgets starting with 2005-07.

1

09/30/2004

M

N/A

1

2004-09-30

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

2006-11-15

N/A

2006-03-29

P1

R2

L

PA

20.5

1.5. Debt Management

Ministry of Finance and the CNB to finalize the agreement on the procedures for the ongoing reconciliation of the registries of government debt guarantees.

1

First Review Prior action

M

N/A

2

1

2023-09-23

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

2006-11-15

N/A

2006-03-29

P1

R2

L

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

Budget to approve supplementary budget consistent with a general government deficit of 4.2 percent of GDP in 2005.

1

First Review Prior action

M

N/A

2

1

2023-09-23

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

2006-11-15

N/A

2006-03-29

P1

R2

L

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

The supplementary 2004 budget to be adopted by parliament.

2

Program Prior Action

M

N/A

2

2023-09-23

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

2006-11-15

N/A

2006-03-29

P1

R2

L

PA

22

3. Civil service and public employment reforms, and wages

Parliament to approve new Civil Service Law.

1

First Review Prior action

M

N/A

2

1

2023-09-23

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

2006-11-15

N/A

2006-03-29

P1

R2

L

PA

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Government to approve and submit to Parliament a package of draft laws on health reform that require co-payments for drugs not included on the main (basic) list, discontinue HZZO's (state health insurance company) provision of supplementary insurance for drugs, and open supplementary insurance for other health services to the private sector.

1

Second Review Prior action

M

Para. 30 of the staff report reads: "The measures identified during the review discussions and incorporated in the program may not exhaust the broader health reform agenda, which the government is discussing with the World Bank, but are nonetheless critical for the macroeconomic program in 2006."

2

1

2023-09-23

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

2006-11-15

N/A

2006-03-29

P1

R2

L

PA

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Government to appoint the Advisor for sale of state shares in INA.

1

First Review Prior action

M

This measure was specified as a prior action in EBS/05/122, but still incomplete as at the Board meeting on September 14 (see supplement to EBS/05/122). The measure was completed on September 22.

2

1

2023-09-23

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

2006-11-15

N/A

2006-03-29

P1

R2

L

PA

25.2

6.2. Restructuring and privatization of financial institutions

Supervisory board of HBOR (state-owned development bank) to approve a revised lending plan, reducing net lending to HRK 1.36 billion in 2006, consistent with a deficit of HRK 500 million.

1

Second Review Prior action

M

N/A

2

1

2023-09-23

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

2006-11-15

N/A

2006-03-29

P1

R2

L

PA

25.2

6.2. Restructuring and privatization of financial institutions

The Supervisory Board of HBOR to reduce its annual lending plan for 2004 by HRK 200 million.

2

Program Prior Action

M

N/A

2

2023-09-23

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

2006-11-15

N/A

2006-03-29

P1

R2

L

PA

25.2

6.2. Restructuring and privatization of financial institutions

Government to approve and submit to parliament amendments to the subsidy to building societies.

3

First Review Prior action

M

N/A

2

3

2023-09-23

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

2006-11-15

N/A

2006-03-29

P1

R2

L

PA

28

9. Labor markets, excluding public sector employment

Government to tighten eligibility criteria for employment subsidies.

1

First Review Prior action

M

N/A

2

1

2023-09-23

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

2006-11-15

N/A

2006-03-29

P1

R2

L

SB

20.5

1.5. Debt Management

Government to restructure the Debt Management Department of the Ministry of Finance.

1

09/30/2004

MD

At P1R1, done in early October 2004.

2

1

2004-09-30

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

2006-11-15

N/A

2006-03-29

P1

R2

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Government to eliminate bank accounts of Bank Rehabilitation and Deposit Insurance Agency (DAB).

1

06/30/2005

NM

At P1R1, owing to delays in privatization, incorporation of DAB's bank accounts into single treasury account is now expected in mid-2006.

2

1

2005-06-30

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

2006-11-15

N/A

2006-03-29

P1

R2

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Government to eliminate bank accounts of Privatization Fund (HFP).

2

09/30/2005

NM

At P1R1, owing to delays in privatization, incorporation of HFP's bank accounts into single treasury account is now expected in mid-2006.

2

2005-09-30

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

2006-11-15

N/A

2006-03-29

P1

R2

L

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

Government to eliminate bank accounts of Highway (HAC) and Road (HC) Agencies.

3

12/31/2005

M

N/A

2

3

2005-12-31

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

2006-11-15

N/A

2006-03-29

P1

R2

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Government to complete the register of government debt guarantees, including guarantees by local governments, and reconcile data with the Croatian National Bank (CNB).

2

12/31/2004

MD

Substantial progress made, but not completed until first review. The first review included, as a prior action, the finalization of the agreement between the MoF and the CNB on the procedures for the ongoing reconciliation of the registries of government debt guarantees.

2

2004-12-31

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

2006-11-15

N/A

2006-03-29

P1

R2

L

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Government to submit to Parliament for approval the draft law on the reform of supplementary health insurance.

1

11/30/2005

MOD-PA

Delayed to 2006. Prior action for the second review.

2

1

2005-11-30

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

2006-11-15

N/A

2006-03-29

P1

R2

L

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Parliament to approve a package of draft laws on health reform that require co-payments for drugs not included on the main (basic) list, discontinue HZZO's (state health insurance company) provision of supplementary insurance for drugs, and open supplementary insurance for other health services to the private sector.

2

06/30/2006

SB

Government approval was a prior action for the second review.

2

2006-06-30

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

2006-11-15

N/A

2006-03-29

P1

R2

L

SB

24.1

5.1. Public enterprise pricing and subsidies

Parliament to approve amendments to the Law on State Aid.

1

09/30/2005

MD

Done in mid-November 2005.

2

1

2005-09-30

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

2006-11-15

N/A

2006-03-29

P1

R2

L

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Government to formulate a medium-term business plan on Croatian Railways (HZ) to reduce its reliance on subsidies and improve cost recovery.

1

12/31/2004

MD

At P1R1, done in February 2005.

2

1

2004-12-31

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

2006-11-15

N/A

2006-03-29

P1

R2

L

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Government to approve a plan for restructuring the shipyard industry.

2

06/30/2006

SB

N/A

2

2006-06-30

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

2006-11-15

N/A

2006-03-29

P1

R2

L

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Government to complete the third phase of privatization of HT (telecom company).

3

12/31/2005

MOD-SB

At the time of the first SBA review, was a single benchmark together with formulation of a plan on privatization of CO. Separate benchmarks for the second review; HT benchmark also now includes second phase of privatization of INA (oil company).

2

3

2005-12-31

N/A

548

CROATIA

960

SBA

2004-08-04

2,004

2006-04-03

2,006

2006-11-15

N/A

2006-03-29

P1

R2

L

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Government to complete the third phase of privatization of HT, and the second phase of privatization of INA.

4

06/30/2006

SB

N/A

2

4

2006-06-30

N/A