ZAGREB, Sept 10 (Hina) - A final bill on amendments to the State Budget Execution Law will allow local self-government units to take out loans for capital constructions to a total value of 430 million kuna (approx. 57 million euros),
Deputy Croatian Finance Minister Damir Kustrak said during a parliamentary debate on Wednesday.
ZAGREB, Sept 10 (Hina) - A final bill on amendments to the State
Budget Execution Law will allow local self-government units to take
out loans for capital constructions to a total value of 430 million
kuna (approx. 57 million euros), Deputy Croatian Finance Minister
Damir Kustrak said during a parliamentary debate on Wednesday. #L#
The amendments to the budget law are being made in line with the new
state budget law.
The amendments concerning local self-government units, Kustrak
stressed, relate to all those that applied to the finance ministry
late last year and at the beginning of this year for loans to be
approved and if their repayments did not exceed 20 per cent of their
revenue.
The ministry received applications for 412 million kuna and so
everyone will be attended to as the project foresees 430 million,
Kustrak said.
Tomorrow MPs will vote on a budget revision and the bill on
amendments to the State Budget Execution Law.
(hina) sp