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Budget deficit to reach 5.5% of GDP in 2014 before falling in years to come

Autor: mses
ZAGREB, Sept 26 (Hina) - Growing expenditures on interest and on the cost of Croatia's European Union membership in 2014 will lead to an increase in the budgetary deficit of some 8 billion kuna, with overall expenditures expected to reach HRK 131.7 billion kuna and the budget deficit to amount to HRK 17.4 billion or 5.5 % of GDP next year, Finance Minister Slavko Linic said at a government meeting in Zagreb on Thursday, presenting economic and financial policy guidelines for the 2014-2016 period.

(Hina) ms

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