ZAGREB, May 23 (Hina) - The government budget in the first three months of this year has yielded a revenue of 11.13 million kuna (US$115 million), which is 33.2 per cent more than in the same period last year, the Finance Ministry
reported Tuesday. At the same time, the total expenditures amounted to 11.09 billion kuna (US$1.27 billion), which is by 8.8 per cent more than in the same period in 1999. The Finance Ministry assessed it as very important that in the first quarter almost all revenues from taxes, except for tax on international trade, had marked an increase. In the first trimester of this year, in relation to the same period last year, tax revenues by 8.8 per cent have been marked, which indicates an increased economic activity in the first quarter of this year. In the first quarter the budget marked a surplus of 41.1 million kuna (about US$4.7 million). The Finance Ministry asserted t
ZAGREB, May 23 (Hina) - The government budget in the first three
months of this year has yielded a revenue of 11.13 million kuna
(US$115 million), which is 33.2 per cent more than in the same
period last year, the Finance Ministry reported Tuesday.
At the same time, the total expenditures amounted to 11.09 billion
kuna (US$1.27 billion), which is by 8.8 per cent more than in the
same period in 1999.
The Finance Ministry assessed it as very important that in the first
quarter almost all revenues from taxes, except for tax on
international trade, had marked an increase.
In the first trimester of this year, in relation to the same period
last year, tax revenues by 8.8 per cent have been marked, which
indicates an increased economic activity in the first quarter of
this year.
In the first quarter the budget marked a surplus of 41.1 million
kuna (about US$4.7 million).
The Finance Ministry asserted that in March, revenues of the
recently issued eurobonds of 1.275 billion kuna (US$146.5 million)
have filled the budged.
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