SDP official says guidelines reflect no serious reforms

Social Democrat Party (SDP) parliamentarian Branko Grcic said on Thursday that the government's guidelines for the 2016 budget failed to provide any outlines of reforms which the cabinet of Prime Minister Tihomir Oreskovic had so far announced.

"What makes me, as a former Deputy Prime Minister, happy is that the guidelines' data show that we (the former government) managed to lessen the central government deficit to below HRK 10 billion last year. That deficit turns out to have been 9 billion kuna, which was below 3% of GDP, and this was a great success for us, and also for Croatia. Now, this budget has growing revenues and growing expenditures," Grcic said.

The former deputy PM said that the growth in the expenditure side showed him that "there is no plan for serious reforms that might bring those expenses under control."

The Croatian government on Thursday morning adopted the guidelines for drawing up this year's budget under which the revenues are planned at HRK 113 billion and expenditures at HRK 120.4 billion, with the deficit amounting to about HRK 7.5 billion, or 2.2 percent of GDP.

Grcic said he also saw some inconsistencies in the guidelines, which , he added, spoke about a short time during which they had been prepared.


(EUR 1 = HRK 7.6)

Last update: Thu, 25/02/2016 - 18:04


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