Friday, 15 June 2018

VAT Rate to Be Cut to 24%, Prime Minister Promises

ZAGREB, June 15, 2018 - Prime Minister Andrej Plenković said on Friday work was underway on a tax reform in which cutting VAT by one percentage point would not be the only measure, but one of a set that wouldn't put budget revenues at risk.

Thursday, 24 May 2018

Tax Revenues up 5%, Expenditures Lower Than Planned

ZAGREB, May 24, 2018 - Finance Minister Zdravko Marić said at a government session on Thursday that last year's budget revenues totalled 122.7 billion kuna, 5% more than the year before, which was owing to positive economic trends and the tax reform, while budget expenditures were lower than planned.

Sunday, 6 May 2018

Budget Review to Increase Funds for Demography Ministry

ZAGREB, May 6, 2018 - Prime Minister Andrej Plenković announced on Saturday a budget review after July 1 so that the Ministry of Demography, Family, Youth and Social Policy could have more money to implement population measures.

Friday, 20 April 2018

HGK Delighted with Budget Surplus

ZAGREB, April 20, 2018 - The Croatian Chamber of Commerce (HGK) on Friday commented on a report on a general government surplus and a public debt reduction, saying that progress made in the public finances sector had encouraged progress in the macroeconomic stability of the country and enabled economic growth on healthy foundations.

Friday, 20 April 2018

Croatia Records First-Ever General Government Surplus

ZAGREB, April 20, 2018 - Croatia recorded for the first time a general government surplus of 2.7 billion kuna in 2017, while the debt to GDP ratio fell below 78%, figures from the national statistical office (DZS) show.

Friday, 9 March 2018

Government Spending Hundreds of Millions for Religious Education

An MP’s question to the government reveals true expenses.

Monday, 5 March 2018

EU Budget Commissioner to Discuss Croatia’s Views on Long-Term EU Finances

ZAGREB, March 5, 2018 - European Commissioner for Budget and Human Resources Guenther Oettinger will stop in Zagreb on Thursday, as part of his tour of 27 member-states to be informed of their positions on the future EU multi-annual financial framework for the period after 2020, the Commission reported on Monday.

Thursday, 1 March 2018

“Lower GDP Growth Will Not Affect Budget”

ZAGREB, March 1, 2018 - Prime Minister Andrej Plenković said on Thursday that a lower-than-expected economic growth in 2017 did not affect the state budget and that budget revenues were being collected well, and underscored the latest European Commission report about Croatia's improving economic sentiment in February as encouragement.

Saturday, 17 February 2018

Croatia to Further Increase Defence Budget

ZAGREB, February 17, 2018 - Defence Minister Damir Krstičević said on Friday that Croatia was systematically increasing its defence budget to reach NATO's goal of 2% of GDP from the present 1.32%.

Thursday, 15 February 2018

Favourable Public Finance Trends Continue

ZAGREB, February 15, 2018 - The last quarter of 2017 saw continued growth of economic activity in Croatia, albeit at a slower rate than earlier in the year, the Croatian National Bank (HNB) said in a statement on Wednesday after a meeting of its Council.

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