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PARLIAMENT WRAPS UP DEBATE ON BUDGET EXECUTION

ZAGREB, Nov 15 (Hina) - The Croatian parliament on Friday discussed a final bill on the execution of the 2003 state budget, as well as a draft 2003 budget. Both were supported by the ruling coalition benches, but not by the Opposition. This is a technical law which being adopted every year along with the budget. It states the sources of funds and ways of spending. Just as in the past two years, MPs of the Croatian Democratic Union and the Democratic Centre requested that maternity allowances be returned to the 2000 level, namely that the allowance for working mothers amount to 1,600-2,500 kuna and for unemployed mothers to 1,600 kuna. The ruling coalition benches supported the 2003 draft budget and the bill on budget execution, saying the bill regulated the rights, responsibilities and procedure of budget execution in relation to its beneficiaries. One of the new aspects of the law is that the right to financi
ZAGREB, Nov 15 (Hina) - The Croatian parliament on Friday discussed a final bill on the execution of the 2003 state budget, as well as a draft 2003 budget. Both were supported by the ruling coalition benches, but not by the Opposition. This is a technical law which being adopted every year along with the budget. It states the sources of funds and ways of spending. Just as in the past two years, MPs of the Croatian Democratic Union and the Democratic Centre requested that maternity allowances be returned to the 2000 level, namely that the allowance for working mothers amount to 1,600-2,500 kuna and for unemployed mothers to 1,600 kuna. The ruling coalition benches supported the 2003 draft budget and the bill on budget execution, saying the bill regulated the rights, responsibilities and procedure of budget execution in relation to its beneficiaries. One of the new aspects of the law is that the right to financial compensation for maternity leave is also envisaged for the father of the baby. The government has been allowed to incur a debt up to 3.9 billion kuna (EUR0.52 billion) for the construction or reconstruction of highways. The budget execution bill also introduces stricter criteria for issuing state guarantees. Under the bill, the stock capital of the Croatian Bank for Reconstruction and Development will be increased by 590.5 million kuna (EUR79.8 million) to subsidise interest rates on and the share in loans encouraging export. The bill also elaborates farm support. The bill also abolishes the possibility of instalment payments of obligations towards the state (taxes). (hina) it sb

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