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.
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. Nov 2011 at 14:00