Spectator on facebook

Spectator on facebook

Budget deficit at end of January halved year-on-year

THE BUDGET deficit amounted to €60.5 million as of the end of January, which represents a drop of €62.4 million, or 50.8 percent, on an annual basis, the TASR newswire learnt from the Finance Ministry on February 1.

(Source: Sme)

State budget revenues were close to €52 million higher year-on-year as of the end of January, with expenditures down by €10.4 million.

The ministry observed a sizable increase in incomes from the EU budget - by €147.4 million on the year.

Positive developments were seen in income from tax on the use of goods and licences to conduct activities, where a rise of €29.3 million was recorded. Excise tax income went up by €5.9 million, TASR reported.

Top stories

Hold onto your hats - heavy storms in Slovakia continue

Summer storms cause property damage, destroy gardens and possibly the harvest

Liberation of Mosul and the fight against ISIS

The United States, Slovakia, and the entire Global Coalition will continue to support our regional partners until ISIS has been defeated and the suffering ends.

Iraqi civilians flee their homes during fighting between Iraqi security forces and Islamic State militants, on the western side of Mosul, Iraq, in March 2017.

Emergency declared in Prešov after Sunday storm Video

A powerful storm swept through the city on July 23.

Strong storm hit prešov on July 23.

Slovak water slalom racers won seven medals

Young Slovak talents made the hearts of sports fans race with their performance at the World Championship in water slalom.

Marko Mirgorodský