Slovakia’s state budget for next year will be prepared in line with EU fiscal rules. Finance Minister Ladislav Kamenický (SMER-SD) said global economic uncertainty continues to weigh heavily on the Slovak economy and public finances. He stressed the government cannot set deficits freely, as financial markets and the European Commission closely monitor fiscal discipline. Detailed budget parameters will be based on spring forecasts of growth and tax revenues.
Kamenický also confirmed plans to amend the debt brake law, aimed at easing pressure on municipalities. Changes would require broad parliamentary support. The International Monetary Fund recently warned that Slovakia’s economic growth has slowed sharply, making deficit reduction and debt stabilisation more difficult.
Source: TASR
