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Tanjug. 26 January 2002. At least 800,000 Serbs will lose jobs, says
World Bank adviser.

BELGRADE -- World Bank (WB) adviser Arvo Cuddo said on Thursday about
800,000 people would become unemployed in the course of the ownership
transformation of public and social companies in Serbia over next few
years, and the figure could be even higher if one also takes into
account the privatization of companies with mixed
capital.

The authorities will find themselves in an explosive social situation
over the dismissals of the excess work force and that is why the reform
process must be implemented gradually, Cuddo told an international
conference on the strategy of trade unions in the reform processes,
which is under way in Belgrade.

Cuddo warned that in the process of dismissing the surplus work force,
the Serbian government must take care of their compensation.
Furthermore, it must engage trade unions and other interest groups and
NGOs in the negotiations on job cuts, he said.


. . . . . . . . . . . . . . . . . . . . . . .

Barry Stoller
http://groups.yahoo.com/group/ProletarianNews

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