Zdravko Zrinušić the State Secretary at the Finance Ministry (Photo: Josip Regovic/PIXSELL) Zdravko Zrinušić the State Secretary at the Finance Ministry (Photo: Josip Regovic/PIXSELL)

Government on Thursday adopted a report on the implementation of the 2019 state budget in the first six months of the year.

Economy Domagoj FerenčićSept. 12, 2019, 5:28 p.m.
Domagoj Ferenčić

According to the report, Croatia’s GDP growth stands at about 3% from the same period in 2018, while trends on the labour market show a decrease in unemployment. The report also indicates that budgetary revenues increased by 8.5% on an annual level and expenditures by 8.3 percent from the first two quarters of last year, while the budget deficit stands at roughly 0.5%.

Zdravko Zrinušić the State Secretary at the Finance Ministry. "As far as expenditures are concerned, they totaled 66.9 billion Kuna or 47.7% of the planned expenditures for 2019. When compared to the same period last year that is an increase of 5.1 billion Kuna or 8.3%. This increase was primarily driven by an increase in expenditures financed through EU funds in the amount of 1.8 billion Kuna."

Source: HRT

Popular