The state's revenues from taxes and levies are expected to go up by €300 million this year, which accounts for 0.4 percent of GDP. This follows from the latest prognosis by the Finance Ministry's Financial Policy Institute (IFP).
“The considerable improvement in the prognosis is especially down to better collection of corporate tax, excise tax from mineral oils and an improvement in developments on the job market,” reads Financial Policy Institute’s statement. Favourable developments are projected to be here to stay in the next few years as well.
Katarína Richterová
