(ANSA) - ZAGREB, 04 SET - In Croatia, the Coronavirus crisis
has generated direct costs to the public coffers for 1.46
billion euros, more than half of which spent on support and
subsidies for maintaining jobs, Croatian Finance Minister
Zdravko Maric announced. Aid measures for companies, with
transfers of around 800 euros gross for each worker, have
generated an expense of 900 million euros. About 560 million,
the remainder concerns the extraordinary costs incurred by the
health system and aid to local authorities, necessary for their
regular operation in conditions in which they cannot count on
the ordinary tax revenues. In addition to direct expenses, the
pandemic's cost must also be added to the losses of the tax
authorities, due to the decline in economic activities,
estimated at another 1.3 bn euros. Therefore, the Croatian
state's overall cost, for aid and losses, is now around 2.8 bn
euros, out of an annual budget of just under 20 bn. Maric also
announced that his ministry would shortly publish the revised
Economic and Financial Document (EED), with the forecast of a
9.4% drop in the Croatian GDP in 2020, lower than previous
estimates, around 10,5%. The smaller contraction is mostly due
to the government's decision to keep the country almost fully
open during the summer to help tourism. (ANSA).
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