Primorac Will Contribute To Maintaining Macroeconomic Stability, Plenković Says

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Image: / Screenshot
Image: / Screenshot

Plenković was speaking at the start of a session of the parliamentary Finance and State Budget Committee on the government’s nomination of Primorac for minister of finance.

Plenković said he was also confident that Primorac “will continue the good trajectories that are already visible, namely that we are again rapidly reducing the public debt after meeting all the criteria for euro area membership.”

He is confident that Primorac will keep Croatia in the investment-level credit rating, that, in cooperation with other ministers, he will look for solutions for a new set of measures that will help citizens weather the energy and food crisis, and that he will propose measures to curb inflationary pressures.

Plenković said Primorac was an expert in his prime with the capacity to deal with crises and a very significant international and academic experience. “I expect him to contribute with his knowledge and creativity to the implementation of the government’s programme and to finding solutions to the various crisis situations we are faced with.”

Plenković recalled the government’s tax and other reforms as a result of which, he said, Croatia would soon have the highest investment rating ever with the world’s three biggest rating credit ratings.

He said it was necessary to continue to ease the tax burden on citizens and adopt other measures that would increase economic activity which, he added, have made the Croatian economy resilient to crises.

Plenković said Primorac had cooperated with the Finance Ministry in many tax reform working groups as well as on a financing model for local government units.

Parliament is expected to vote on Primorac’s nomination tomorrow.

For more, check out our politics section.


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