Government Reveals 32.6 Billion Euro Budget with Focus on Wage and Pension Increases

The Prime Minister of Croatia, Andrej Plenković, recently presented the country’s State Budget for the upcoming year to members of Parliament. This is the eighth budget proposal under significantly different geopolitical circumstances, and it remains a top priority to safeguard vulnerable citizens, ensure public finance stability, and continue investing in Croatia’s growth.

The government is currently grappling with an energy and food crisis as well as inflationary pressures, and measures have been taken to maintain social cohesion, prevent price hikes, and ensure essential institutions function properly. The Prime Minister emphasized the significance of political stability in achieving strategic objectives and addressing crises.

Key priorities for the next year’s budget include investments in transport infrastructure, reconstruction, energy, and education. The government also aims to reduce public debt while maintaining a budget deficit below three percent and increasing salaries and pensions.

Funds have been allocated for various initiatives such as the Law on Personal Assistance, the Law on Inclusive Allowance, child allowance, free textbooks, transportation and meals in schools, earthquake damage repair costs, railway infrastructure development, energy restoration expenses

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