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Research :: Finished research :: 2016-2020
 
Guidelines for the preparation of the plan of measures for covering the deficit and meeting the liabilities of the City of Rijeka and plan of measures for covering the deficit and meeting the liabilities of the City of Rijeka

For: City of Rijeka

Project manager: Anto Bajo, PhD, Institute of Public Finance, Zagreb

Researcher: Marko Primorac, PhD, Faculty of Economics and Business, Zagreb


The objective of the project is to define the guidelines for drafting the measures to cover the budget deficit and meet the liabilities of the City of Rijeka and to draw up a plan of measures to reduce the budget deficit and meet the City of Rijeka’s obligations. The proposed guidelines and the action plan were based on the analysis of the financial statements, budgets and selected budgetary users, as well as on the annual plan and budget execution from 2008 to 2016. The elaboration of the Guidelines and the Plan of measures was based on individual explanations of data obtained from administrative departments and included information on assets and liabilities, off-balance sheet records, the amount and structure of liabilities, and the amount and terms of budgetary users’ borrowing. The Guidelines and the Plan were also based on the results of the financial statements analysis of City of Rijeka’s majority-owned companies.

Project duration: August - October 2017.

 
 
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