Law on Yugoslav National Bank dismissed

Yugoslav Parliament Chamber of Citizens on Wednesday dismissed the Yugoslav National Bank Bill which regulates the issue of prices, monetary policy and bank control.

The law has been dismissed because the MPs of the Socialist People's Party and the Serbian opposition voted against it, Beta News reported.

For the bill voted 49 MPs, 23 short of 72 votes required for adoption.

Montenegrin Socialists assessed that the law is not necessary because two central banks will be formed in several months

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