17th Position Paper of the Fiscal Policy Commission on the Draft Amendments to the State Budget of the Republic of Croatia and the Financial Plans of Extra Budgetary Users for 2022 and the Projections for 2023 and 2024

At its 12th session held on 16 May 2022, the Fiscal Policy Commission (hereinafter: Commission) discussed the Draft Amendments to the State Budget of the Republic of Croatia and Financial Plans of Extra-Budgetary Users for 2022 and the projections for 2023 and 2024.

The Commission considers the proposed macroeconomic and budgetary plans to be appropriate for the current situation, and highlights the need that EU funds be utilized as much as possible to finance investments and reforms for the purpose of stimulating productivity growth, and reiterates the importance of implementing reforms to restrain the growth of expenditure for healthcare, pensions and compensations for employees. It also points to the increasing risks of infla

tion growth and economic consequences of the war in Ukraine that demand an active response of economic and fiscal policy holders.

 

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