The Slovak state budget deficit increased from €655 million in March to €1.019 billion in April, the Finance Ministry announced on May 2, the TASR newswire wrote.
The deficit was better in annual terms, however, as the deficit in April 2010 was €1.480 billion. The overall deficit for 2011 is projected to reach €3.8 billion, TASR reported.
State revenue for the fourth month of 2011 amounted to €3.636 billion, an increase of 12.8 percent year-on-year. Expenditures reached €4.654 billion, which constituted a drop of 1.1 percent on an annual basis.
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
3. May 2011 at 10:00