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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
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