Slovakia Moves to Cut Deficit, Joins UN Cybercrime Initiative

The Slovak government has approved its draft budget plan for 2026, reaffirming its goal to cut the public deficit below three percent of GDP by 2028 and stabilize national debt at around 64 percent of GDP. Next year’s deficit is expected to fall from five to 4.1 percent, with additional consolidation measures planned by 2027. The plan introduces a new digital services tax on large global tech firms and shifts mortgage aid from the state to banks. The cabinet also approved signing the UN Convention against Cybercrime — the first global treaty to boost cooperation in investigating and prosecuting digital offenses.

Source: TASR