Slovakia records budget surplus of nearly €100 million in January

Slovakia recorded a state budget surplus of €98 million in January compared with an €18 million deficit in January 2011, the Finance Ministry announced on February 1, as reported by the TASR newswire. The state's total revenue in the month was €1.02 billion and expenditure was €922 million. The planned deficit for 2012 is €3.675 billion with revenue of €13.625 billion and expenditure of €17.3 billion.

Slovakia recorded a state budget surplus of €98 million in January compared with an €18 million deficit in January 2011, the Finance Ministry announced on February 1, as reported by the TASR newswire. The state's total revenue in the month was €1.02 billion and expenditure was €922 million. The planned deficit for 2012 is €3.675 billion with revenue of €13.625 billion and expenditure of €17.3 billion.

"The current black figures are thanks to a 23-percent rise in revenue, while the increase in expenditures stood at close to 9 percent," ministry spokesman Martin Jaroš told TASR, adding that a number of specific items on both the revenue and the expenditure sides of the budget were observed in January.

"The revenue side was influenced by one-off effects such as the suspension of the due date on income tax on corporate entities from the end of December to early January as well as by a lower reimbursement of VAT payments, because some of the reimbursement payments that were originally due in January were actually carried out in December," Jaroš stated, as quoted by TASR.

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.

Top stories

News digest: Slovak-Hungarian relationship has never been as good as now, Hungarian MFA says

Health Ministry fears spread of Delta strain from football match in Budapest. Hungarian Foreign Affairs Minister refutes claims of a negative relationship with his Slovak counterpart. Read more in today's digest.


3 h
Illustrative stock photo

Law change makes cannabidiol legal

CBD allowed in cosmetics, but off the menu for food products.


9 h
The Umbrella March is held in Bratislava this Sunday, June 20, 2021.

A record set by Luis Suarez has been broken in Slovakia

Read other interesting stories from this week in the roundup.


8 h
A paraglider flies over a valley from the Martinské hole mountains.

The Slovak region compared to Tuscany is a big unknown

Set out on a trip to the Turiec region with a new Spectacular Slovakia podcast series.


17. jún