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IMF Tells Slovenia to Drop Inflation

Ljubljana, 26 April - The executive committee of the International Monetary Fund (IMF) called on Slovenia to lower inflation and strengthen the tolar rate without negative impacts on the economy. The committee as part of the regular annual check-up of Slovenia's economic situation stressed that these measures are necessary for greater credibility of the Slovenian government and central bank. Slovenia's planned inflation for 2003 is 5.3 percent and 3.5 percent for 2004. IMF's projection for 2004 is slightly higher, namely at 4.8 percent.

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