23. April 2002 at 10:19

Cabinet may avoid budget changes

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Finance Minister František Hajnovič has said he believes the cabinet at a special session on Thursday will not be forced to change the terms of the state budget to avoid overshooting a year end deficit by as much as Sk15 billion. The ministry had warned that the deficit figure could be as much as Sk52.5 billion, against a target of Sk36.8 billion, but following suggested fiscal restrictions, Hajnovič said no deeper changes would be needed.

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Compiled by Tom Nicholson from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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