Croatia's budget deficit in January-November 2015 at HRK 5.7bn

In the first eleven months of 2015 Croatia's budget revenues reached HRK 98.5 billion and expenditures HRK 104.2 billion, the deficit amounting to HRK 5.7 billion, provisional data from the Ministry of Finance show.

November 2015 recorded a budget surplus of about HRK 500 million as revenues increased by 17 per cent year on year to HRK 10.2 billion and expenditures were reduced by 2.4 per cent to HRK 9.7 billion. Revenues from VAT reached HRK 3.87 billion, an increase of about 800 million compared with November 2014.

In January-November 2015, compared with the same period of 2014, VAT revenues rose by HRK 2.7 billion, or 7.2 per cent, to HRK 40.215 billion, and the budget gap was reduced by 34.8 per cent.

Last update: Mon, 18/01/2016 - 10:18


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