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Government to approve 2008 budget problem-free

The leaders of the ruling coalition parties agreed on October 9 that the cabinet would approve the 2008 state budget proposal at its session on Thursday, October 11, without any comments.

"We also agreed that the current form of the budget will gain the support of the three coalition parties in parliament, and that MPs and ministers won't submit any amending proposals to the document, with one exception called for by HZDS," said Prime Minister Robert Fico.

The HZDS proposed that Sk200 million (€6 million) originally allocated to the Slovak Intelligence Service (SIS) should go to health care instead.

The state budget proposal projects Sk346 billion in revenues and Sk370.2 billion in expenditures, meaning a deficit of Sk24.2 billion. The total public-finances deficit in 2008 is expected to be approximately 2.3 percent of the country's gross domestic product (GDP).

-TASR

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

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