President Peter Pellegrini signed on Friday the law on the state budget for next year previously approved by the Parliament on Tuesday (December 3). The general government deficit is expected to fall to 4.7 percent of gross domestic product (GDP) next year from this year's expected 5.8 percent of GDP. The state budget deficit should thus amount to €6.4 billion.
Total state budget revenues for next year are projected at €27.6 million, with expenditures at €34 billion. Public administration revenues should reach €59.9 billion or 42.8 percent of GDP. The total spending of the public sector is budgeted at €66.5 billion or 47.5 percent of GDP.
Source: TASR
Romana Grajcarová, Photo: TASR
