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Press release no. 36. Does the 2012 budget proposal suggest a fiscal policy turnaround in Croatia?

Bajo, Anto
In February the Government adopted a 2012 Budget Proposal and Projections for 2013 and 2014. After ten years, Croatia cuts its budget spending in both nominal and real terms, reducing it to the level of 2008. This is a radical fiscal policy turnaround, which should have taken place earlier. The article discusses these changes and the potential implications.
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Contributor: Institute of Public Finance - http://www.ijf.hr/
Topic: Economy and Development
Country: Croatia
Document Type: Economic Analyses and Commentaries
Year: 2012
Keywords: Budget, Public Finance
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