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FINANCE MINISTER: BUDGET REMAINS SAME, GOVT REALLOCATES SOME FUNDS

ZAGREB, March 23 (Hina) - The Croatian National Sabor's House of Representatives on Thursday began its session by voicing its opinion on almost 500 amendments proposed to the draft state budget for 2000. Finance Minister Mato Crkvenac said the Government had accepted a number of amendments. The government has kept the budget within the limit of 48.3 billion kuna (about US$6 billion) but it has reallocated some 500 million kuna (US$62.5 million) to some other budgetary items. "We could not accept requests which were outside of that framework," Crkvenac said. The finance minister added that the 2000 budget could not reflect the programme of the new government but was rather "the result of difficulties and limitations in which it is being adopted." Crkvenac also presented the government's stand on capital investments, which prompted a number of amendments. The government will finish buildings which "are
ZAGREB, March 23 (Hina) - The Croatian National Sabor's House of Representatives on Thursday began its session by voicing its opinion on almost 500 amendments proposed to the draft state budget for 2000. Finance Minister Mato Crkvenac said the Government had accepted a number of amendments. The government has kept the budget within the limit of 48.3 billion kuna (about US$6 billion) but it has reallocated some 500 million kuna (US$62.5 million) to some other budgetary items. "We could not accept requests which were outside of that framework," Crkvenac said. The finance minister added that the 2000 budget could not reflect the programme of the new government but was rather "the result of difficulties and limitations in which it is being adopted." Crkvenac also presented the government's stand on capital investments, which prompted a number of amendments. The government will finish buildings which "are already 90 percent completed" and will create space for the construction of new facilities, he added. The government, he said, has taken into account social problems, difficulties in reconstruction, and the position of exiled persons, but it was not able to increase the budget item of 590 million kuna (US$73.75 million). "The Government has envisaged numerous activities which should eliminate those difficulties, and one of them is a donors' conference we are preparing for," he said. The government has set aside 30 million kuna (US$3.75 million) for local administration and self-government. Municipalities and towns will be secured more funds through changes to the Law on Income Tax. Crkvenac announced that local administration would grow stronger soon, which, he said, would stimulate the decentralisation of the state. (hina) jn rml

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