State budget amendment approved

CABINET ministers yesterday approved an amendment to the Slovak state budget for 2005, which discusses the division of funds for next year's cabinet priorities.

The whole state budget should be approved on October 13 and should then be forwarded to parliament, reported news agency TASR.

The 2005 budget plans a public finance deficit on a level of 3.4 percent of GDP, excluding the costs of the pension reform. The Finance Ministry should publish the individual parameters of the budget - income and expenditures - by the end of this week.

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

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