Wednesday, 2 September 2020

FinMin: Keeping Jobs Is A Priority

ZAGREB, Sept 2, 2020 - Deputy Prime Minister and Finance Minister Zdravko Maric said on Wednesday after an inner cabinet meeting that keeping jobs is a priority and that support measures for sectors affected by the coronavirus crisis, such as hospitality and transport, will be made known in the next few days.

Maric made the statement while responding to reporters' questions about the continuation of measures for the hospitality sector, which Tourism and Sports Minister Nikolina Brnjac had announced earlier, saying that they were on the table and being taken care of.

He said that internal consultations were ongoing and recalled that the government had generously financed support for the economy, however, he noted that everything has its fiscal repercussions and fiscal possibilities.

"This year the budget result is not a priority, however, in these circumstances it is necessary to find funds and ensure budget sustainability for this year and the years to come," said Maric.

Keeping jobs is a priority, he said, recalling that the government had presented a shorter working week and that the recently approved SURE program would provide a little more than €1 million in loans for Croatia.

Intensive talks are underway regarding the generous envelope that is part of Europe's recovery plan, Maric said, adding that testing was already underway regarding the use of support in hospitality.

Maric added that he understands the problems faced by the occasional transport sector whose representatives earlier in the day handed out leaflets to lawmakers listing their problems.

We have embarked on horizontal measures and have continued to support tourism and transport and everything will be made known in the next few days, he said. 

Our priority is to keep jobs and we are willing and ready to do the best we can, he added.

Maric explained that there had not been any money in the budget for the first round of support either, however, the money was eventually found and efforts would be made to continue to preserve jobs.

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