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PARLIAMENT ADOPTS NEW LAW ON BUDGET

ZAGREB, May 29 (Hina) - The Croatian parliament on Thursday adopted a new law on budget which is aimed at increasing the efficiency and transparency of the government budget.
ZAGREB, May 29 (Hina) - The Croatian parliament on Thursday adopted a new law on budget which is aimed at increasing the efficiency and transparency of the government budget. #L# The law extends the responsibility of bodies and persons in charge of drafting a financial plan for budgetary and extrabudgetary users, and drawing up consolidated state and local budgets. Amendments to the bankruptcy law were adopted with a majority vote. The amendments aim at simplifying and accelerating bankruptcy proceedings, making them more efficient and introducing deadlines by which decisions must be made and the procedure implemented. Under the new law, only an attorney or any member of a public company entered in the registry of companies can be appointed trustee in bankruptcy. Parliament also passed a law on the Miroslav Krleza lexicographic bureau and adopted a government-sponsored bill on the environmental protection in the first reading. (hina) it sb

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