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Government guarantees and financial liabilities of state owned road transport companies in Croatia
Published: 24th November 2014

In the last two years state companies from the road transport sector have borrowed under relatively unfavourable conditions from both domestic and foreign commercial banks and with maturities of less than seven years. In the new Newsletter entitled Government guarantees and financial liabilities of state owned road transport companies in Croatia Anto Bajo and Jelena Petrušić provide an overview of the amount and the structure of financial liabilities and government guarantees made from 2001 to 2014 to the state-owned road transport companies – Croatian Motorways Ltd., Croatian Roads Ltd. and Rijeka-Zagreb Motorway Inc. Analysis of guarantees is useful to provide more complete information about the amount of debt, the borrowing conditions and maturities of the road transport companies' liabilities.

Changes in personal income taxation
Published: 11th November 2014

At its session on October 30, the RC Government adopted a proposal for personal income tax changes, which had been announced for some time. In the latest Press Release, entitled The impact of changes in the Personal Income Tax Act on the average tax rate, the IPF's researchers Ivica Urban and Slavko Bezeredi analyse changes in the amount of the basic personal allowance and the size of tax brackets.

Updated statistics of public debt and budget deficit in Croatia
Published: 28th October 2014

Anto Bajo and Marko Primorac in the Press release named Changes of methodological coverage of public debt and budget deficit in Croatia analyze the differences in statistical coverage of public debt and budget deficit due to the beginning of the implementation of the EUROSTAT methodology. The report on these differences was published on October 20, 2014 by the Croatian Bureau of Statistics.

Implementation of a cash accounting scheme for VAT: EU experience
Published: 25th September 2014

In the Newsletter entitled Implementation of a cash accounting scheme for VAT: EU experience, Danijela Kuliš provides an overview of implementation in the EU countries which shows that this manner of calculating VAT has its advantages but also flaws. Those findings may be useful in creating the future framework of Croatian VAT Act.


Osnove upravljanja javnim dugom
Published: 2011
ISBN: 978-953-7613-47-1
Osnove upravljanja javnim dugom is a university textbook that deals with the understanding of the concept, structure and techniques of issuing public debt...
Press Releases
In the Press Release entitled Finally, a State Asset Management Plan in Croatia, Anto Bajo analyses the Plan for the Management of Assets Owned by the Republic of Croatia for 2015, released in October by the State Office for State Asset Management.

As an EU Member State, Croatia is obliged to implement the Europe 2020 strategy. Moreover, it has recently decided to join the regional strategy SEE 2020, under which it has defined eleven headline targets, as ambitious as the targets set by other participating countries. As a participant in both EU strategic initiatives, Croatia has set itself sixteen headline targets and a number of reform measures and development priorities until 2020. While welcoming these processes, Croatia, regretfully, still lacks a uniform national development strategy. In the absence of an umbrella strategy document, three documents are currently in force, which, together with several economically relevant sectoral strategies, constitute the backbone of the next strategy cycle until 2020. You can read more on this topic in the Newsletter by Anto Bajo and Saša Ljepović Formulation of strategic development priorities of the Republic of Croatia.

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