Slovakia’s state budget deficit rose from €2.159 billion in September to €2.341 billion in October, the Finance Ministry announced on November 2 while stressing that in annual terms the deficit was 30.6 percent lower than in October 2010 when it had reached €3.373 billion, the TASR newswire reported.
A deficit of €3.8 billion is projected for all of 2011 compared to the €4.4-billion deficit recorded in 2010.
Budget revenue amounted to €9.311 billion as of October, a rise of 9.9 percent year-on-year and reached 70.8 percent of the amount projected for the whole year (€13.148 billion).
Expenditures reached €11.653 billion at the end of October, a fall of 1.6 percent compared to last year and 68.7 percent of the €16.958 billion in expenditures planned for the whole year.
Source: 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.
