Yugoslav Dinkic explains priorities to parliament

Mladjan Dinkic, the newly-appointed governor of the Yugoslav National Bank (NBJ), has told the Federal Assembly that one of the NBJ's top priorities will be the full convertibility of the dinar, which will eliminate the black foreign exchange market.

Another task was rehabilitating the banking system, which was beset by major problems, including the fact that around 80% of credits are "uncollectible". If banking laws were strictly applied, 75% of all banks in the country would have to be closed

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