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FINMIN: IT'S VERY LIKELY THAT NO AMENDMENT TO DRAFT BUDGET WILL BE ACCEPTED

ZAGREB, March 3 (Hina) - The government will very likely turn down all 426 amendments which MPs have submitted to the government-sponsored draft budget for this year, Finance Minister Ivan Suker said on Wednesday, adding that parliamentary deputies' amendments weighed 8.5 billion kuna.
ZAGREB, March 3 (Hina) - The government will very likely turn down all 426 amendments which MPs have submitted to the government-sponsored draft budget for this year, Finance Minister Ivan Suker said on Wednesday, adding that parliamentary deputies' amendments weighed 8.5 billion kuna.#L# The minister said the draft budget would remain within the previously projected figures, namely the revenue is projected at 79.4 billion kuna and spending at 84.9 billion kuna. Most amendments, i.e. 113 of them, refer to the field of the Science and Education Ministry, 60 to the Agriculture Ministry, 55 to the Finance Ministry and 38 to the Health Ministry. The government is not going to propose any amendment to the draft budget, but it will move some amendments to the draft act on the budget execution. Thus, the budgetary reserves of 318 million kuna, the paying of Value Added Tax (VAT) for the purchase of fire-fighting equipment, import of some goods, and scientific projects will be added as budgetary items. The government will propose a possibility of postponement in the collection of taxes and contributions, and installment payment of these financial obligations in nine months, but this would refer to obligations from this year and not for arrears from previous years. The parliament will be notified of the situation in this kind of payments twice a year when it is informed of the execution of the state budget. (Hina) ms sb

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