6.1 Short overview
The economic recession in Croatia resulted in significant cuts in the budget of the Ministry of Culture for 2010, 2011 and in the planned budget for 2012. In 2008 the budget was raised to 1 192 705 911 HRK, but in 2009, due to the recession and the government programme of restrictions, the planned budget was amended to 1 045 574 978 HRK, (approx.143 229 449 EUR) which is even lower than the budget in 2007. The anti-recession measures of the new government such as the increase in VAT from 23% to 25%, have and will have further impact on the cultural field. From 2008-2011 sponsorship and grants to culture were considerably reduced.