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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.

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