Bank of Slovenia Council on Liberalisation of Capital Flows

Ljubljana, 9 June - The council of the Bank of Slovenia at Thursday's session discussed some proposed timetable of the liberalisation of the capital flows, and appoved it. The council concluded that the Bank of Slovenia would gradually reduce the period after which a non-resident is exempt from paying a premium for the right to purchase foreign currency. The reduction of the period is to be carried out in three stages, namely at the end of 2000, at the end of 2001 and at the end of 2002, the Bank of Slovenia reported.