At its session held on 29 September 2005, the Finance Committee of the National Assembly of the Republic of Serbia discussed and endorsed the Articles of Association of the National Bank of Serbia.

Members of the Finance Committee endorsed the 2004 end-of-year balance sheet of the National Bank of Serbia, along with the report of the authorised auditor and the Decision on the End-of-year Balance Sheet of the National Bank of the Republic of Serbia for 2004, with an overview of the Report of the National Bank of Serbia on the situation in the banking sector and Serbia’s financial system as a whole for 2003.

The Committee also discussed and endorsed the financial plan of the National Bank of Serbia for 2005, with an overview of the Financial Plan of the National Bank of Serbia for 2004, and the Programme of Monetary Policy of the National Bank of Serbia for 2005, with an overview of the Programme of Monetary Policy of the National Bank of Serbia for 2004.

The Finance Committee adopted the candidacy of Kosta L. Josifidis, nominated by the G17 Plus Deputies’ Group, for member of the Council of the National Bank of Serbia for a five-year term, and forwarded the proposal to the National Assembly for discussion.

The Governor of the National Bank of Serbia, Radovan Jelasic, presented the reports, while the session was chaired by the vice-chairman of the Committee, Rade Obradovic.