Parliament starts session to approve State Budget for 2009

Parliament started its 29th session this year on November 25, with the approval of the 2009 state budget draft as the most important point on its agenda.

Parliament started its 29th session this year on November 25, with the approval of the 2009 state budget draft as the most important point on its agenda.

Earlier in the day, MPs of the Parliamentary Committee for Finance approved an amendment that reduces budgeted revenues by €122.7 million to €13.099 billion and increases the planned deficit of the state budget by the same sum to €1.009 billion. Total spending of the state budget for next year, however, remains at the originally planned €14.109 billion, the SITA newswire wrote.

Parliament will not deal with measures to minimise the fallout of the financial crisis and development and employment incentives that the SDKÚ-DS repeatedly submitted on behalf of the opposition.

The ruling coalition also rejected a SDKÚ proposal suggesting that the government deposit funds it acquires from pension saving accounts of people who leave the second pillar of pension saving in a special account in the central bank. The opposition's plan was to release these funds after those people reach retirement. SITA

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

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