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Budget coffers opened for social spending

A meeting of the country’s ‘economic’ ministers has approved the release of 6.5 billion crowns from this year’s budget, largely to cover unforeseen social benefits costs, after unexpectedly high budget income and low expenditures in the first half of 2001. The government is still committed to its deficit target of 3.9% of GDP for this year, added Deputy RM Ivan Mikloš.

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

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