NEW ECONOMIC PLAN IN YUGOSLAVIA

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00457R008700500015-2
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 1
• Document Creation Date: December 14, 2016
• Document Release Date: January 11, 2001
• Sequence Number: 15
• Publication Date: September 25, 1951
• Content Type: REPORT

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CEN ' .WITELLIGENCE AGENCY REPORT NCI,
INFORMATION CD NO.
COUNTRY
SUBJECT
PLACE
ACQUIRED
DATE OF
INFO.
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Yugoslavia.
New Eco omic Plan in Yugoslavia
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Doeownt Me. 1_a--------------- -
Change in Class.
(LIST
Deolassified
DATE DISTR. 25 Sept. 1951
I. Of PAGES 1
F ENCLS,
ass. Changed Tai TS S
SUP'
h HR Y~_2,.... REP,
LEMENT TO 25X1 X
1o The statement was made recently be Edvard Kar?deij, Yugoslav Foreign Affairs
Minister, that free enterprise in Yugoslavia. will be free only insofar as
details of factory administration are corcernedo The Yugoslav (overnment
will erect the necessary buildings, plan the production for each plant
and appoint factory managers. Managers who fail in their specific assi-s-
ment will, be subject to omiahmenta Reportedly, Kardelj stated that it
will be some time before any improvement in living conditions will be
noticed. New prices are to be regulated in Luch a day that the new increased
income will correspond to the former in term of commodities.
close to Yugoslav Government
that ir. his opinion the new economic plan will result in chaos and higher
prices. Informant feels that the United States Government should furnish
the Yugoslav Government with 20 to 30 million dollars worth of consumer
commodities for distribution to the Yugoslav population in order to check
inflation in Yugoslavia Such an action on the part of the United States
Government would serve to strengthen the morale and faith of the Yugoslav
people who, at.the present time, believe the sole interest of the United
States is in aiding; the Yugoslav Government0 The Yugoslav-population
has little interest in United States funds and supclies granted to the
Government and Armed Forces alone0
',ommerri,: Your attention is called to which recently
reported on the devaluuatixn of the Yugoslav dinar and possible shake-up
in the Yugoslav Ministries of Trade and Finance0 -According to
Yugoslav economic and currency reforms are scheduled to take place on 1
"'ovember, 1951.
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Comment: f of 13 July 1951 renoi'tm on Y13aoal v
prepa~ra Sans to devalue the ninar in Zone So -reported on the
possibility of currency reform in March 1951e
Comment: Decrees were recently issued in Yugoslavia which provide
?or tie! _fmpo~rary implementation of ome of the ea economic proposals now
under consideritinn_