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Budget deficit at Sk 33 billion

The Finance Ministry has reported a state budget deficit of Sk33.104 billion (€788.3 million) in the first eight months of 2003, thus reaching 59.1 percent of the figure planned for the whole year.

Budget revenues reached Sk147.106 billion (€3.5 billion) at the end of August, which translates to 62.5 percent of the annual plan. Expenditures, reaching 61.8 percent of the year's projection, were Sk180.21 billion (€4.3 billion).

Tax revenues for the period totalled Sk131 billion (€3.1 billion), 60.8 percent of the annual target.

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

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