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 took 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.

Top stories

News digest: Slovakia improved in the corruption perceptions ranking

Slovakia's Security Council met over development in Ukraine. Matúš Vallo will run for re-election as Bratislava mayor.


5 h
Ukrainian soldiers walking near Donetsk.

If the aggression against Ukraine is tolerated, we could be next

Of course Slovakia should be "helping Ukrainian insurgents", if it comes to that.


5 h
Illustrative stock photo

Slovak, Catholic, and aging. But some of the 2021 census is a surprise (+graphs)

The data also revealed that almost 4 percent of inhabitants were not born in Slovakia.


6 h
Ivan Mikloš

Sulík's statements on Russian sanctions cost him an advisor

Ivan Mikloš announced his decision to step down in an opinion piece.


12 h
Skryť Close ad