ECONOMIC BRIEFS

Parliament opens door for provisional budget in 1Q99

The Slovak Parliament approved a revision to the 1998 budget rules at its session on December 4, preparing the way for a provisional budget for the first quarter of 1999. Of the 107 deputies present in the 150-seat chamber, 100 voted for the bill and seven abstained from voting.

The bill stipulates spending limits for individual departments, while cabinet proposes both that the administration of state funds be in line with the state budget for 1998 and that monthly state expenditures not exceed one twelfth of the total expenditures for 1998.

Miroslav Maxon, a deputy for the opposition Movement for a Democratic Slovakia (HZDS), proposed that extra money be provided for subsidies for primary agricultural production, which deputies later supported.

The new cabinet that emerged from elections in September was unable to prepare a proper budget for 1999 because it took office only two weeks before the legal date set for submitting a draft state budget to parliament.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Slovakia and Switzerland have a similar mental landscape

Slovakia feels younger, Switzerland seems more colourful, says Swiss Ambassador Alexander Hoffet.

Swiss Ambassador to Slovakia Alexander Hoffet

Non-governmental and non-profit organisations will get a new register

NGOs refuse accusations of non-transparent financing.

The new register of non-profit and similar organisations may lead to better synergy.

Following his communication with Zsuzsová, Vanek resigns from his post as prosecutor

Zsuzsová has been charged in connection with the murder of journalist Ján Kuciak.

René Vanek

Jobs, phone calls and banks. What to prepare for after Brexit

Mobile operators and airports do not expect changes.