Prime Minister Robert Fico and Finance Minister Ladislav Kamenicky confirmed the consolidation of public finances at the level of 1% of GDP or 1.4 billion EUR. Coalition so far agreed on the taxation of tobacco products and sweetened beverages. In 2025, they should bring 100 million EUR to the budget. Fico said he is in favour of significant cuts concerning government administration. “I am not a supporter of increasing VAT ... Nevertheless, we have to take some decisions," he stressed.
Source: RTVS
Patrícia Polakovičová, Photo: TASR
