2019 general government budget to be discussed

The 2019 general government budget will be balanced and this will be achieved by submitting an amendment when the budget is discussed at the next parliamentary session, Prime Minister Peter Pellegrini (Smer-SD) said at a briefing on Tuesday after a Cabinet session. "Based on the latest analyses and forecasts of Slovakia's economic development, and considering all the circumstances, we agreed with Finance Minister Peter Kažimír that Slovakia could be more ambitious in setting up next year's state budget," said the prime minister. According to Pellegrini, the government will deliver to Parliament, for the first time in history, a balanced state budget. Pellegrini added that the government is changing the target of a 0.1 percent deficit of GDP. "This is a big moment for Slovakia, it's sooner than we anticipated in the government manifesto, as the economy's development allows us this," noted the prime minister.