NEW REGIONAL DIVISION
The government approved a bill regarding the regional division of Slovakia (8 regions with 74 districts). The new regional division will cost 1bn SK in 1995 year and 3 bn in next year.
BOND PRIVATIZATION
The government approved rules for using FNM bonds in the so called bond privatization.
The government also set the market minimal price for the bond, which is 75% of its nominal value (7.500 SK).
The bonds could be sold before their maturity date to certain banks which should be restructured, could be used for reduction of the liabilities towards Fund of National Property or the State Land Fund, for buying a flat or for supplemental health and retirement insurance.
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