Croatian Parliament to Vote on Budget Revision on Friday

Total Croatia News

Updated on:

Pixsell
Pixsell

The government’s representatives rejected all the amendments put forward by opposition groups.

The government has stuck to its plan for budget revenue to be increased by HRK 3 billion to HRK 150.3 billion and an expenditure increase of HRK 9.4 billion to HRK 167.4 billion.

It is estimated that the budget deficit will increase by 2.9% to 3.8% of GDP.

The budget has been revised due to the consequences of the COVID epidemic, primarily due to problems in the health sector and debt to wholesale drug suppliers after all legal means have been exhausted to settle the debt with the reallocation of budget funds.

For more about politics in Croatia, follow TCN’s dedicated page.

 

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