State budget poised for €2 billion deficit

State budget poised for €2 billion deficit

The state budget performance next year should result in a deficit of €2.017 billion. This stems from the stance of the Trade Unions Confederation (KOZ) to the new wording of the general government budget for the next three years. Finance Minister Peter Kažimír is to submit it for the Cabinet´s session today (October 5). According to the stance of trade unionists, the new wording of the draft budget is based on the updated macroeconomic forecast from September and a new prognosis of tax and levy revenues.


Gavin Shoebridge, Photo: AP/TASR

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