The NBS Governor V. Masar said that the NBS Monetary Programme's objective for 1997 is to hold the annual inflation rate between 4.9 - 5.8%; and also to maintain a stable exchange rate of for the Slovak currency within a fluctuation spread which will be increased from 5% to 7%.

The Monetary Programme presumes a 5% GDP growth and an annual M2 money supply of 10.7%.

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