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You're reading: Cabinet asking parliament to increase expenses on defense by Hr 9.1 billion in 2014
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The relevant proposal is stipulated in the government’s draft
amendments to the national budget for 2014 posted on the Web site of the
parliament on Wednesday, July 30.

The cabinet also proposed increasing revenues of the national budget
by Hr 13.5 billion thanks to amendments to the tax laws, in particular,
the introduction of the total general fee of 1.5 percent of the wage fund (the
military fee), which is to bring Hr 2.9 billion.

In addition, the government expects that another Hr 3.3 billion will
come from 15 percent taxation of income from deposits and other incomes from
capital, Hr 4.8 billion will be received from the increase in the
royalty on the use of deposits for extraction of oil and gas condensate
and natural gas, Hr 1.8 billion – from the prolongation of the regime
of exempting transactions on exports of grain and industrial crops from
value added tax until Jan. 1, 2015 and Hr 4 billion – from the
European Union.

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