President Peter Pellegrini has signed Slovakia’s state budget for 2026. Next year’s deficit is expected to fall to 4.1 percent of GDP, or just under €6 billion, down from this year’s projected five percent. The budget includes €2.7 billion in consolidation measures — a mix of higher revenues and spending cuts aimed at stabilising public debt. The government plans to keep reducing the deficit to below three percent by 2028, with debt expected to stabilise at around 64 percent of GDP. The President’s Office said the cuts will be “painful but necessary” to restore fiscal balance.
Source: TASR
Kristína Hanáková, Foto: TASR
