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Cabinet may avoid budget changes

Finance Minister František Hajnovič has said he believes the cabinet at a special session on Thursday will not be forced to change the terms of the state budget to avoid overshooting a year end deficit by as much as Sk15 billion. The ministry had warned that the deficit figure could be as much as Sk52.5 billion, against a target of Sk36.8 billion, but following suggested fiscal restrictions, Hajnovič said no deeper changes would be needed.

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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