Slovakia’s public finance deficit is projected to reach 4.94 percent of gross domestic product (GDP) next year, according to the draft general government budget for 2027–2029. The figure would be higher than this year’s originally planned deficit of 4.1 percent of GDP.
The current forecast puts the 2027 deficit at 4.37 percent of GDP. It is expected to decline gradually to 4.5 percent in the following year and 4 percent in 2029, although achieving these targets will require additional consolidation measures. The government approved the draft budget at its session on Monday.
Opposition parties Progressive Slovakia (PS), Freedom and Solidarity (SaS) and Slovakia have criticised the coalition agreement on next year’s state budget, particularly the decision to maintain the financial transaction tax until 2028 and what they describe as insufficient savings on the state’s side.
The opposition parties accuse the government of preparing an election-oriented budget at the expense of households and businesses.
Source: TASR
