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Budget deficit already at 65% of FY total

The state budget deficit for the first half of 2002 is Sk24.7 billion, already 65 per cent of the full-year target of Sk38 billion and Sk7.2 billion higher than the same period last year. The cabinet has already advised it will miss the 2002 target, and is now shooting for a figure around Sk50 billion.

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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