Below are the introduction to and key passages from the program written by 
G17 and adopted by the "Democratic Opposition" in Serbia (DOS) and their 
candidate, Kostunica. 

G17 is the neoliberal NGO/think tank in Belgrade.

I urge people to read it carefully.  For example, # 30 reads as follows:

"30. Solutions based on direct foreign investment (privatization of 
government-owned companies and industry)."

Note what G17 has put in parenthesis!

Best regards, 
Jared Israel
www.tenc.net  [emperor's clothes]

***

INTRO AND KEY PASSAGES

Democratic Opposition of Serbia 
PROGRAMME FOR DEMOCRATIC SERBIA

The Non-governmental Organization G17 made the Programme of economic and 
constitutional-legal reforms required by the new authorities, in case they 
come victorious out of the September federal parliamentary and presidential 
elections, in order to initiate democratic changes of the Yugoslav state and 
society. The Democratic Opposition of Serbia (DOS) was offered the Programme 
only after the parties had been united and presented a common presidential 
candidate. Eighteen parties or coalitions within the DOS acknowledged the 
Programme as their electoral platform. The DOS candidate for president Dr. 
Vojislav Kostunica did the same. It will be presented for public debate to 
all citizens of Serbia. 


FIRST, we shall adopt the Declaration on urgent preparations for the 
introduction of the new Constitution with purpose of eliminating the existing 
coinstitutional chaos. The new constitutional and legal stipulations will be 
accorded with modern legal and civilization standards, particularly regarding 
the spheres of human liberties, protection of civil and minority rights, 
parliamentarism, accountability of authorities and rule of law. The 
Declaration will acknowledge the necessity for the decentralization of the 
state, particularly in regards to the regionalization of Serbia and 
affirmation of autonomies of Vojvodina and Kosovo and Metohija...

SECOND, we shall adopt the Resolution to abolish the present economic and 
political blockade of Montenegro, and obligate the highest state bodies to 
start negotiations immediately with the legally elected leadership of 
Montenegro on the character and functions of a future state community between 
Serbia and Montenegro. 

THIRD, we shall require of the future Government to promptly submit a 
programme of concrete measures to the UN Security Council which would enable 
a consistent implementation of the Resolution 1244 on Kosovo, preserve the 
territorial integrity and sovereignty of Serbia, guarantee the right to 
peaceful and secure living to all inhabitants of Kosovo, and stimulate its 
integration with new democratic state institutions. We shall particularly 
insist on urgent solution of the matters concerning the kidnapped and 
murdered persons after the KFOR had been deployed. 

FIRST 100 Days

Collection of Reform Economy Laws 

Laws to immediately enable the reform of the monetary system and initiate 
reform of the fiscal system will be proposed, this including the proposal of 
law on balanced budget. The present law on privatization will be 
substantially revised. A law on social care and relief of poor will be 
proposed. The law on foreign trade will be changed, thus enabling 
considerable cut and balance of customs.... 

The First Year of the New Government

The Reintegration of Yugoslavia and Serbia into the International Community

1. The inclusion into all relevant international institutions that would 
secure the immediate withdrawal of all sanctions, including the so-called 
“outside wall” sanctions. 

2. The immediate inclusion of Yugoslavia and Serbia into the Pact for 
Stability of Southeastern Europe and accessibility to financial means for 
reconstruction and Yugoslavia’s economic recovery, secured by way of 
international donators.

3. The reinstitution of Yugoslavia’s membership into the world’s most 
significant financial organizations (namely IBRD and the IMF), that will give 
our country access to world capital markets and create means for foreign 
investment imperative to the country’s economic reconstruction.

4. The prompt resolution of succession questions with ex-Yugoslav republics 
and, on that basis, the acquisition of necessary financial means that will 
make possible membership in the European Union.

5. The integration into all regional political and economic activity, with an 
emphasis on free trade.

6. The application of modern economic ideology to the Yugoslav economy.

7. Radical economic reforms.

8. Balancing of the federal budget and initiation of fiscal reform.

9. Meaningful reduction of taxes and elimination of the resulting incentive 
not to pay them (tax reduction will augment tax revenue).

10. The increase of public revenue through legalization of the transactions 
of the “gray economy.”

11. Growth of revenue based on taxation of products that were intentionally 
pushed into the “black market” by the government (cigarettes, coffee, 
gasoline, etc.)

12. Reduction in public spending

13. Demilitarization (elimination of spending caused by unnecessary tension 
between the international community and Yugoslavia, represented by a 
government repressive to its people). 

14. Rationalization of public administrations by elimination of unnecessary 
ministries, federal economic chambers, and other aspects of inefficient 
public spending; assigning of new priorities and discipline in budget 
spending (priorities: health, education, judicial system, unemployment, their 
training and new employment, social protection, culture, retired workers, 
farmer subsidies/incentives, reformed police)

15. Radical and timely simplification of the taxation system (will be based 
on fewer tax brackets, as opposed to the current system shaped by 250

16. The reform of tax administration and the creation of a tax code. 

17. The initiation of a tax system reform that will emphasize the institution 
of the “value added tax” (VAT).

18. Reform in directing public spending, including establishing a Treasury 
and a system of public acquisition.

19. Establishing elements of an integrated information system in the fiscal 
sphere by securing electronic registries. 

20. Establishing of a stable currency.

Option 1: Establishing a fluctuating exchange rate system accompanied by an 
emission of a new convertible currency (assuming foreign hard currency 
reserves are granted to aid the central bank in keeping the exchange rate 
stable). 

Option 2: Establishing a two-currency system, in other words legalizing 
commerce in German Marks. 

21. Restoring of confidence in the financial system and bank reform.

22. The complete integration of the Yugoslav banking system into the 
international financial system.

23. The beginning of reform of domestic banks and the freedom of foreign 
banking institutions with good reputations to enter the Yugoslavian banking 
industry.

24. The beginning of repaying the hard currency debt to the people and 
restoring domestic savings.

25. Crediting producers and population in general.

26. The immediate modification of administrative interest rate policy based 
on affirmation of market conditions and criteria. 

27. Financial support to initiate macroeconomic reform.

28. A foundation for macroeconomic stabilization of Yugoslavia (the 
stabilization of currency and overcoming of budget difficulties).

29. Direct financial aid from abroad (financial acquisition from donator 
conferences, credit obtained from international financial institutions) that 
would enable the new government to, from its inception, carry out economic 
reform in a stable manner. 

30. Solutions based on direct foreign investment (privatization of 
government-owned companies and industry).

31. Solutions based on the legalization of the “gray economy” and activation 
of domestic savings, following the legalization of currency exchange and 
banking system reform. 

32. Price liberalization (controlled prices provide an unnecessary protection 
of all categories of the population).

33. The gradual withdrawal of prices that “subsidize” the poor, created by 
the current government in an attempt to hide the social implications of its 
policies. 

34. The reprogramming of foreign debt.

35. The request for reasonable expectations in the repayment of the foreign 
debt.

36. The request for a partial elimination of the foreign debt. 

37. Liberalization of the inter-republic and international trade policy.

38. The withdrawal of all conditional quotas on imports and exports (except 
for agriculture), and their replacement with tariff rates.

39. A meaningful decrease in the level of customs tariffs so that their value 
is equal, accompanied by relevant budget compensations from the European 
Union. 

40. The securing of preferred products for export to the European Union.

41. The elimination and withdrawal of all factors limiting trade with 
neighboring countries.

42. The liberalization of legal and administrative regulative mechanisms for 
exports and imports.

43. Privatization:

Privatization must be carried out relatively quickly in order to close the 
enormous gap between Yugoslavia and other countries in transition. 
Privatization will be mandatory.
The privatization process must be transparent.
Privatization will mainly be done through direct sale of government property, 
keeping in mind the huge public debt that must be remedied.
Privatization will stimulate the development of the capital market.
44. New agrarian policy:

Considering the fact that Serbia is naturally tied to agriculture, the 
government will prioritize renewing and restoring confidence in its 
relationship with farmers (which was lost when the current government failed 
to pay its debt after taking over the production of certain products). 
Economically stimulating agricultural production while at the same time 
placing an emphasis on protection from foreign competition. 
A stable system that provides a guaranteed price index, that will, in case of 
low market prices, adequately compensate producers from a specially formed 
agrarian budget.
New mechanisms for crediting the agriculture from real sources (commercial 
bank credits, investment of organizations that specialize in the processing 
and transportation of agricultural products, term contracting, “futures” 
transactions on goods, insurance programs), that will enable farmer 
acquisition of modern agricultural equipment, the renewal of agricultural 
funds, and the introduction of new technology in production.
45. Ensuring social and health security for the people.

46. The transformation and meaningful strengthening of the fund for children 
in order to remedy the disturbing reduction in birth rates. 

47. Citizens most affected by the tragic occurrences of the past ten years 
(refugees, unemployed, retired workers, the poor) must be socially insured 
from a special fund.

48. The fund will also be used for short-term improvement of health services, 
until gross domestic product is high enough to enable the country’s own 
health service system imperative to the biological survival and future 
prosperity of the nation. 

49. This one-year fund for overcoming budget difficulties will partly be 
formed from the sale of government-owned capital, but mostly from foreign 
contributions and credit provided by international financial institutions.

50. Without securing such a fund at the beginning of the new government’s 
term, there is little chance that economic reform would achieve success, as 
social and political pressure would arise, resulting in public distress with 
the reform process and the impossibility of normal governmental functioning.

51. The introduction of big investment into the infrastructure.

52. The renewal and modernization of the electric and energy infrastructure.

53. The construction of major transportation networks, including highways, 
rail systems, and gas and oil pipes.

54. The rehabilitation of canal networks and other water systems in the 
agricultural plains.

55. The development of a telecommunications network.

56. The realization of the most significant local infrastructure projects.
 
 

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