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Croatia's 10-mo central govt budget surplus grows

Author Maja Garaca
Croatia's 10-mo central govt budget surplus grows Budgeting Author: TaxCredits.net Licence: Creative Commons, Attribution.

ZAGREB (Croatia), January 8 (SeeNews) - Croatia's central government budget surplus increased to 4.6 billion kuna ($741.8 million/618.0 million euro) in the first 10 months of 2017, from 1.6 million kuna in the year-ago period, official figures show.

Budget revenues increased by 4.3% year-on-year to 101.5 billion kuna in the January-October period, while expenditures rose by 1.3% to 96.9 billion kuna, according to figures posted on the website of the finance ministry.

In October alone, Croatia recorded a budget surplus of 1.9 billion kuna, compared with a surplus of 874.8 million kuna in the same month of 2016. Budget revenues rose to 11.0 billion kuna in October, from 9.9 billion kuna a year earlier, while expenditures edged up 0.04% to 9.1 billion kuna.

(1 euro=7.44306 kuna)

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