Budget Projections on Thursday “Won’t Be Nice”

Total Croatia News

ZAGREB, April 29, 2020 – The government will outline new macroeconomic and budget projections on Thursday, and Finance Minister Zdravko Marić warned on Wednesday that the figures would not be nice due to the consequences of the COVID-19 epidemic.

“Unfortunately, this is our reality, those consequences of the coronavirus” Marić said while coming to ta meeting of the inner cabinet in Zagreb.

A new national programme of reforms and convergence plan are to be added to the government’s agenda on Thursday.

Marić today declined to answer questions whether the downward trends would be expressed in double-digit figures.

He dismissed reporters’ speculations that the government underperformed in the implementation of the national reforms programme, and countered that the implementation had to date been at a level of 80% while the remaining part could not be fulfilled due to the outbreak of COVID-19.

Marić pointed out progress in making the country ready for the adoption of the euro.

More economic news can be found in the Business section.


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