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GOVERNMENT'S CO-ORDINATION FOR ECONOMIC ISSUES CONSIDERS DEBTS

Autor: ;MSES;
ZAGREB, Aug 6 (Hina) - At a meeting of the Government's Co-ordination for the Economy, it was announced that more than 56,000 applications had been filed to settle debts pursuant to the Law on Payment of Due and Unpaid Taxes, Customs, Tariffs and State Collateral, and in this way the government could collect about 0.81 billion euros in debts in arrears.
ZAGREB, Aug 6 (Hina) - At a meeting of the Government's Co- ordination for the Economy, it was announced that more than 56,000 applications had been filed to settle debts pursuant to the Law on Payment of Due and Unpaid Taxes, Customs, Tariffs and State Collateral, and in this way the government could collect about 0.81 billion euros in debts in arrears. #L# The co-ordination discussed a report on the implementation of the said law and forwarded it to the government. The law enables debtors to regulate their obligations in a manner that is manageable for them, yet it brings revenue to the state. A number of 56,050 applications have been lodged with the condition of settlement. According to applications processed so far, it is estimated that the total amount of debts registered is 0.81 billion euros. Because of the expansiveness and demanding process, it will not be possible to enforce the law by the deadline August 21, 2002 when settlement requests are due. The co-ordination recommended to the government to adopt a decree to amend the law, that is that settlement be concluded 30 days after the Ivica Racan cabinet passes such a decree, a press statement from the Government's Public and Media Relations Office said. (hina) sp ms

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