ZAGREB, Jan 22 (Hina) - The revenue of the Croatian state budget from January to November 2001 amounted to 48.15 billion (EUR6.39 billion) and expenditure to 50.38 billion kuna (EUR6.69 billion), accounting for a 2.23 billion kuna
(EUR296.1 million) deficit, the Finance Ministry said in a statement Tuesday. The overall revenue in last year's first 11 months increased by 18.2 percent in relation to the same period in 2000, due to higher privatisation revenues and the inclusion of pension insurance contributions starting with July 2001. The ministry's statistics show a total of 36.97 billion kuna were collected through taxes (excluding the pension insurance contributions), which is 1.6 percent higher than in the same period in 2000. Higher revenues were noted in almost all kinds of taxes, apart from tariffs which were at the level of 2000, and somewhat lower income taxes and excise taxes on oil products. A
ZAGREB, Jan 22 (Hina) - The revenue of the Croatian state budget
from January to November 2001 amounted to 48.15 billion (EUR6.39
billion) and expenditure to 50.38 billion kuna (EUR6.69 billion),
accounting for a 2.23 billion kuna (EUR296.1 million) deficit, the
Finance Ministry said in a statement Tuesday.
The overall revenue in last year's first 11 months increased by 18.2
percent in relation to the same period in 2000, due to higher
privatisation revenues and the inclusion of pension insurance
contributions starting with July 2001.
The ministry's statistics show a total of 36.97 billion kuna were
collected through taxes (excluding the pension insurance
contributions), which is 1.6 percent higher than in the same period
in 2000.
Higher revenues were noted in almost all kinds of taxes, apart from
tariffs which were at the level of 2000, and somewhat lower income
taxes and excise taxes on oil products.
A total of 20.7 billion kuna were collected through Value Added Tax
(VAT) in the first 11 months of 2001, which is 5.1 percent higher
than in the same period in 2000.
Capital yields amounted to 4.1 billion kuna, an increase of 33.6
percent.
The total expenditures of the central state budget increased by
10.2 percent.
The majority of the expenditures decreased significantly. A total
of 13.4 billion kuna were spent for salaries and contributions of
the state budget beneficiaries, a 5.2 percent decrease as against
the first 11 months of 2000. Capital expenditures, of 3.2 billion
kuna, decreased by 33.6 percent.
(hina) np sb