State budget deficit deepens to over €1.5 bn in August

State budget deficit deepens to over €1.5 bn in August

The Slovak state budget recorded a deficit of €1.517 billion in August. The deficit was thus €2.437 billion lower than in the same period of last year. Tax revenues grew by 17.4% y-o-y. Positive developments were seen for almost all taxes, in particular in value-added tax (up €722.6 million), in corporate tax (up €603.1 million), and in excise taxes (up €127.3 million).

Source: TASR

Mojmir Prochazka, Photo: TASR

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