CCIS Says 2000 Budget is Excessive

The board of managers of the Chamber of Commerce and Industry of Slovenia (CCIS) at Wendesday's session criticised the proposed national budget as a non-sparing one, and stressed the current exchange rate policy was a threat to exporters. Central bank governor France Arhar rejected the claims stressing the central bank had done what it could in the existing situation. Another reason for optimism according to Arhar is the economic growth rate which was last negative in 1992.*

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