President signs the 2019 budget

President signs the 2019 budget

The Slovak president Andrej Kiska signed on Wednesday the state budget for 2019. This is also the first balanced budget in Slovakia's history. While the Finance ministry as well as the rest of the governing coalition praises the budget for being able to keep Slovakia's public finances under full control, opposition parties remain sceptical towards it. They believe that it fails to cut the tax-levy burden or prepare Slovakia for the future. "We need reforms; it is not enough to have a balanced budget in one year," said Vladimír Baláž, an economist at the Slovak Academy of Sciences.


Zuzana Botiková, Photo: TASR

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