Spectator on facebook

Spectator on facebook

State income from dividends to exceed projections

The government’s income from dividends will be more than Sk1.33 billion higher than projected for this year, a Finance Ministry report on the macroeconomic environment and development of Slovakia's general government budget in H1 2007 stated on July 31.

"This unexpected turn for the better is caused chiefly by increased revenues from dividends in companies owned by the National Property Fund (FNM)," the report reads.

Dividends from shares owned by the FNM were budgeted at Sk13.9 billion this year, but should actually reach Sk16.6 billion according to an updated estimate. This higher-than-projected government income can largely be ascribed to dividends from the gas utility Slovenský Plynarenský Priemysel, which rose by about Sk2.2 billion.

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Press freedom is bleeding across our borders

Critical media are always the first targets of populists and press freedom enemies.

I have met dozens of people possessed by Satan, exorcist claims

An exorcist can help a believer to escape their problems but not to solve them, psychiatrist Hunčík says.

Priest and exorcist Ľuboš Václavek consecrates the office of Erika Jurinová (OĽaNO).

End of investigative show a cause for concern

Media freedom watchdogs believe the scrapping of the only investigative show on public-service television is a threat to its independence.

Jaroslav Rezník

Slovakia is 26th on the Employment Flexibility Index

Higher work surcharges will push Slovakia down.