ZAGREB, Sept 11 (Hina) - Croatia's parliament revised the government budget with a majority vote on Thursday. Under the amendments, some 2.4 billion kuna (EUR320 million) will be reallocated.
ZAGREB, Sept 11 (Hina) - Croatia's parliament revised the
government budget with a majority vote on Thursday. Under the
amendments, some 2.4 billion kuna (EUR320 million) will be
reallocated. #L#
The government has said the revision will make it possible to reduce
the deficit and indebtedness while not making it necessary to
introduce new taxes or halt the implementation of projects.
Under the revision, 400 million kuna is to be spent on recovering
from this year's droughts, while 200 million is envisaged to
encourage employment.
Several hundred million will go for severance and back pays in the
interior and defence ministries and the Armed Forces, for pensions
in the republics of the former Yugoslavia, and for reforms in the
military and judiciary.
About 75 million is envisaged for coming parliamentary elections,
several million for ethnic minorities' elections, Croatian troops
in the Afghanistan peace mission, and firefighting aircraft, while
10 million will be allocated to the Development and Employment
Fund.
Also adopted today were amendments to the Law on the Execution of
the Budget under which the government allocates 430 million for
local self-government units which have asked the Finance Ministry
to be allowed to incur debts for which servicing does not exceed 20
percent of revenues.
Parliament also adopted a decision on the temporary funding of
state bodies and other budget beneficiaries for the first three
months of 2004 with which the government is trying to bridge the
period between the coming parliamentary ballot and the
constitution of new authorities.
(EUR1 = 7.5 kuna)
(hina) ha