ZAGREB, Nov 25 (Hina) - The council of members of the Croatian Association of Employers (HUP) has discussed a draft budget for 2003, the HUP reported on Monday.
ZAGREB, Nov 25 (Hina) - The council of members of the Croatian
Association of Employers (HUP) has discussed a draft budget for
2003, the HUP reported on Monday. #L#
A member of the HUP economy council, Zarko Miljenovic, said the
draft budget reflected positive fiscal adjustment trends, however,
they were not sufficiently strong.
Miljenovic believes that the planned subsidising of traditional
economic branches which are not propulsive is a mistake because it
affects free market competition.
The plan for the allocation of subsidies is misdirected, the
council said, ascribing this to a lack of economic strategy and
goals. The HEP council said the budgetary funds would again be
earmarked for non-development sectors.