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CRO TOURISM MINISTER ANNOUNCES SERIES OF INCENTIVES FOR 2000

TUCEPI, Sept 10 (Hina) - The Croatian government will take a series of incentives to achieve a minimum 20 percent increase in next year's tourist business, Tourism Minister Ivan Herak said in Tucepi, southern Croatia, on Friday. Herak said the government will as early as next week adopt a law on export incentives for tourism which envisage earmarking from the state budget in the first three budgetary months of next year. The next incentive will be a reduction of Value Added Tax from the present 22 to ten percent, and a minimum double increase of budgetary means for the promotion of next year's tourist season, announced the minister. Among the 16 incentives the government will take is the continued rehabilitation of tourist firms, to which end DM150 million will be earmarked. Herak said it was also necessary to reduce interest rates on loans, reduce payments for municipal services
TUCEPI, Sept 10 (Hina) - The Croatian government will take a series of incentives to achieve a minimum 20 percent increase in next year's tourist business, Tourism Minister Ivan Herak said in Tucepi, southern Croatia, on Friday. Herak said the government will as early as next week adopt a law on export incentives for tourism which envisage earmarking from the state budget in the first three budgetary months of next year. The next incentive will be a reduction of Value Added Tax from the present 22 to ten percent, and a minimum double increase of budgetary means for the promotion of next year's tourist season, announced the minister. Among the 16 incentives the government will take is the continued rehabilitation of tourist firms, to which end DM150 million will be earmarked. Herak said it was also necessary to reduce interest rates on loans, reduce payments for municipal services, adjust prices by the "value for money" principle, intensify inspections to prevent black labour, extend the tourist season, and solve the surplus labour issue by introducing the "permanent seasonal employee" category. (hina) ha jn

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