Spectator on facebook

Spectator on facebook

Slovak Finance Ministry releases budget with deficit of 5.5% of GDP for 2010

The 2010 public finances deficit is expected to be at 5.5 percent of gross domestic product on revenues of €23.97 billion and expenditure of €27.68 billion, according to the general government budget plan published by the Finance Ministry on September 29, TASR wrote.

The 2010 public finances deficit is expected to be at 5.5 percent of gross domestic product on revenues of €23.97 billion and expenditure of €27.68 billion, according to the general government budget plan published by the Finance Ministry on September 29, TASR wrote.

The percentage amount of the deficit for the whole public sector is the same as for the central government (state) budget. That figure was announced on September 28, featuring revenues of €12.53 billion and expenditures of €16.28 billion.

Compared to 2009, expenditures of three ministries are set to be higher in 2010 compared to this year. Excluding money coming from the EU and through co-financing, the Health Ministry is set to spend €90.6 million more in 2010 than this year. Expenditures of the Labour, Social Affairs and the Family Ministry are planned to be higher by €67.69 million, while the Education Ministry will be authorised to spend an extra €9.37 next year. TASR

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

Top stories

Refurbishment of Trnavské Mýto has started

The facelift of the underpass crossing should be completed by summer. Fate of nearby Istropolis still not known

Reconstruction of Trnavské Mýto underpass started.

Europe will continue fighting dual quality products

The recent Bratislava summit raised some suggestions on solving the problem, but it will be a long process.

Yeme grocery store in Bratislava.

Historically first ex-ministers were sentenced for the bulletin-board tender

Former construction ministers of the SNS party have received years in prison for the scandal surrounding the infamous bulletin-board tender. The other three defendants, ministry officers, have been acquitted.

L-R: Marian Janušek is ianugurated as replacing Igor Štefanov in post of construction minister, April 2009.

Quidditch becomes reality in Slovakia as first teams emerge Video

The wizard sport, fighting for its status in the real sports world, has won the hearts of some Slovaks.