The reforms on the socialist economy also included a new banking law designed to trigger the liquidation of the socially owned Yugoslav Bank for International Economic Cooperation (YBIEC). Within two years, more than half of the country's banks had vanished, to be replaced by newly formed independent profit-oriented institutions. The IMF package precipitated the collapse of much of Yugoslavia's well-developed heavy industry. Other socially owned enterprises survived only by not paying workers. More than half a million workers still on company payrolls did not get regular salaries in late 1990. Some 600,000 Yugoslavs had already lost their jobs by September 1990, but that was only the beginning. According to the World Bank, another 2,435 industrial enterprises, including some of the country's largest, were slated for liquidation. Their 1.3 million workers, half of the remaining industrial workforce, were deemed "redundant".[41] As 1991 dawned, real wages were in free fall, social programs had collapsed, and unemployment rate rose dramatically.
Quoted from London's Financial Times:
Jeli ti promaklo ovo, ili ti je promakla inflacija od 168% u istom clanku ili nezaposlenost od 16.8%.

