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LOANS & CREDITS

Croatia: Revenue Administration Modernization Project

June 28, 2007



IBRD LOAN: US$68 million
TERMS: Grace = 5 years; Maturity = 15 years
PROJECT DESCRIPTION: The project will assist the Government in making the Croatian Tax Administration (CTA) a more efficient, effective, transparent and accountable institution. The modernization of the revenue administration will provide Croatia with the means of achieving fiscal sustainability, reducing the administrative burden on tax payers by removing structural and institutional weaknesses, and creating capacity within the tax administration for successful EU accession.


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