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Slovakia's budget deficit up slightly to €1.171 billion in April

The Slovak government’s budget deficit rose slightly from €1.155 billion in March to €1.171 billion in April 2012, compared to the €1.019 billion recorded in April 2011, according to preliminary figures from the Finance Ministry reported by the TASR newswire. Budget revenues amounted to €3.748 billion at the end of last month, which is 3.1 percent higher on an annual basis. The amount represented 27.5 percent of the revenue plan for the whole year of €13.625 billion.

The Slovak government’s budget deficit rose slightly from €1.155 billion in March to €1.171 billion in April 2012, compared to the €1.019 billion recorded in April 2011, according to preliminary figures from the Finance Ministry reported by the TASR newswire.

Budget revenues amounted to €3.748 billion at the end of last month, which is 3.1 percent higher on an annual basis. The amount represented 27.5 percent of the revenue plan for the whole year of €13.625 billion.

State expenditures for the first four months of 2012 stood at €4.919 billion, an increase of 5.7 percent year-on-year and accounts for 28.4 percent of the projected figure (€17.3 billion) for the entire year. The overall public finance deficit of €3.675 billion is projected for 2012, or 4.6 percent of GDP.

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.

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