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Croatia's 2005 national budget revenue up 6.2 pct

ZAGREB, Dec 30 (Hina) - National budget revenue in 2005 totalled KN85.4 billion, which was a 6.2% increase over the previous year, theCroatian Ministry of Finance said on Friday, citing preliminaryfigures.
ZAGREB, Dec 30 (Hina) - National budget revenue in 2005 totalled KN 85.4 billion, which was a 6.2% increase over the previous year, the Croatian Ministry of Finance said on Friday, citing preliminary figures.

Tax revenue accounted for KN 50 billion, an increase of 8.5% from the same period last year. The increase was seen as very important compared to 2004 when the annual tax revenue growth rate was 4.1%.

The share of tax revenue in overall revenue was 58.6%, or roughly the same as in 2004.

The second largest item in overall revenue was contributions, which saw a 6.2% increase and accounted for 37.4% of revenue.

The average monthly number of National Treasury transactions was 13,000, or about 160,000 annually.

(1 euro = 7.4 kuna)

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