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Next year's state budget might be around 108 billion kuna

ZAGREB, Nov 9 (Hina) - The proposed Croatian state budget for 2007 will be around 108 billion kuna, Hina learned on Thursday following a meeting of parliamentary deputies of the ruling Croatian Democratic Union (HDZ) and government ministers.
ZAGREB, Nov 9 (Hina) - The proposed Croatian state budget for 2007 will be around 108 billion kuna, Hina learned on Thursday following a meeting of parliamentary deputies of the ruling Croatian Democratic Union (HDZ) and government ministers.

The 2006 budget was 98.8 billion kuna.

With the planned decentralisation of income tax revenues, local government units should receive between 800 and 900 million kuna more than before, a source who had attended the meeting that took place on Wednesday evening told Hina on condition of anonymity.

The government is expected to finalise its 2007 budget proposal next week and send it to Parliament for adoption.

According to earlier announcements from the government, the 2007 deficit was projected at 2.8 per cent of Gross Domestic Product.

(1 euro = 7.33 kuna)

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