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Review of Slovene Economy from 23 through 29 January

Ljubljana, 31 January - Decisions taken at the last session of the Bank of Slovenia (BS) Council were presented by Governor of the BS France Arhar. The Council passed changes to the fiduciary account regime for portfolio foreign investments and to the payments of tolar deposits on financial loans taken abroad. It also adopted the objectives of the monetary policy for 1999, which include the 16 to 24 percent growth rate of the M3 monetary aggregate. The bank Nova Kreditna Banka Maribor was given a go-ahead on the purchase of 24.05-percent stake in the Dolenjska Banka bank.

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© STA, 1999