MPs threaten 2003 budget with spending

The Finance Ministry has warned that increased social spending approved by members of parliament this year is threatening next year’s budget, which has only half the money it needs for spending on budget priorities.

While this year the state budget earmarked Sk30 billion of a total Sk258 billion in planned expenditures for highway construction and defence spending, among other priorities, in 2003 only Sk13 will be available.

MPs have agreed this year to increase pensions (by 5 per cent) and basic social support (3.5-3.8 per cent), both of which measures take effect July 1. The legislature has also agreed to up to 15 per cent pay rises for civil servants, and as of July 1 has allowed all parents of children or students up to 25 years to receive state support, regardless of family income.

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

Top stories

News digest: National Gallery prepares for its big move

Kids and pensioners will get tablets used in last year's census, the highest ski slope opens to skiers, and there are fewer fake banknotes.


24m
A lookout point on the hike to the Babky peak in the Western Tatras on January 23, 2022.

Weekend: Which big stars will gig in Bratislava and Prague in 2022?

As usual, you will also find weekend hiking tips in the Spectacular Slovakia Roundup.


9 h
Bratislava airport

Slovaks often find it hard to believe someone wants to live in their country

Homecoming may also not be easy because of how returning Slovaks are received at home.


23 h
The Three Borders (Trojhraničie or Trojmedzie), a place where the countries of Slovakia, Hungary and Austria meet.

The Three Borders near Bratislava is accessible again, legally

Visitors will likely catch a glimpse of the largest flying bird in Europe wintering here.


24. jan
Skryť Close ad