This paper assesses the Republic of Croatia’s Second Review Under the Stand-By Arrangement, and Requests for Waiver of …

. Directors agreed that Croatia has successfully completed the first review under the Stand-By Arrangement …

The report provides the third Review of the Republic of Croatia Under the Stand-By Arrangement (SBA). Policies under … the SBA have sought to reduce Croatia’s savings-investment imbalance and stabilize the external debt-to-GDP ratio …. Executive Directors agreed that the main success of the program has been a fundamental improvement of Croatia’s public finances …

This paper examines Croatia’s 2004 Article IV Consultation and Request for Stand-By Arrangement (SBA). Croatia has …