Spectator on facebook

Spectator on facebook

Slovakia’s budget deficit in September is 30 percent lower than in 2010

Slovakia’s accumulated state budget deficit rose from €2.022 billion in August to €2.159 billion in September, the Finance Ministry reported on October 3, the TASR newswire reported. Compared to last year however, the state’s finances improved by almost €1 billion, or 30.6 percent, as the deficit had reached €3.11 billion in September 2010. The total planned budget deficit for 2011 is €3.8 billion, down from €4.4 billion last year, TASR newswire reported based on the ministry’s report.

Slovakia’s accumulated state budget deficit rose from €2.022 billion in August to €2.159 billion in September, the Finance Ministry reported on October 3, the TASR newswire reported.

Compared to last year however, the state’s finances improved by almost €1 billion, or 30.6 percent, as the deficit had reached €3.11 billion in September 2010. The total planned budget deficit for 2011 is €3.8 billion, down from €4.4 billion last year, TASR newswire reported based on the ministry’s report.

State revenues amounted to €8.279 billion through September, a rise of 9.8 percent year-on-year. The sum accounts for 63 percent of the budgeted figure (€13.148) projected for the entire year. Expenditures stood at €10.438 billion as of September, a fall of 2 percent compared to September last year and represented 61.6 percent of €16.958 billion in expenditures planned for the year.

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

General Prosecutor filed a motion for the dissolution of ĽSNS

The Slovak Supreme Court received a motion to dissolve the extreme right ĽSNS party founded and led by Marian Kotleba.

Jaromír Čižnár

Russian spies allegedly recruit also Slovaks

They are using martial art clubs in Germany and dozens more in other EU states, in the Western Balkans, and in North America.

Illustrative stock photo

EC scrutinises state aid for Jaguar Photo

There is a question whether the scrutiny may impact the carmaker’s plans to invest in Slovakia.

The construction site of a brand new plant of Jaguar Land Rover near Nitra.

GLOBSEC forum will host guests from 70 countries

The 12th year of the conference will be attended by the highest number of participants in its history.

Slovak President Andrej Kiska gives the opening speech of The Globsec 2016 security conference.