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| Government Approves Budget for 2020 |
| Bratislava, 21.10.2019 |
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| The Government on Monday approved a draft budget drawn up by the Finance Ministry for upcoming years, according to which the general government deficit in 2020 should stand at 0.49 percent of GDP and at the same time admitted that the original goal of a balanced state budget for 2019 won’t be reached as the general government deficit should stand at 0.68 percent of GDP.
Total income of the public sector for 2020 is budgeted at the level of €38.87 billion while total expenditure should stand at €39.35 billion, meaning that there should be a deficit of €480 million. The state budget is expected to manage a cash deficit of €2.68 billion. Total state income is projected to reach the level of €15.89 billion; and expenditure should be €18.57 billion.
It’s expected that a balanced state budget will be feasible as of 2021.
odkaz na stránku |
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Address : Euro-Brew Ltd., Hlboká 22, 917 01 Trnava, Slovakia
Tel. : +421 33 53 418 53, Fax : +421 33 53 418 52, E-mail : info@eurobrew.sk |
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