8. March 1999 at 00:00

State ends February with budget deficit of 3.2 billon Sk

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TASR , SITA ,

Newswire

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The Slovak state budget recorded a 3.168 billion Slovak crown ($79 million) deficit in February after showing a surplus of 3.909 billion crowns in January, the Finance Ministry said on March 1. Over the same period last year, the budget was left a quarter billion crowns in the black.

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The government has set an end year state budget deficit target of 15 billion crowns for 1999, representing just under two percent of gross domestic product.

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