2010 Election Will Keep Budget Deficit Elevated

November 2009
Emerging Europe Monitor: Central Europe & Baltic States;Nov2009, Vol. 16 Issue 11, p8
Country Report
The article focuses on the status of budget deficit in Slovakia for 2009. It says that lesser revenue and greater government expenditures could lead to an increased budget deficit by 7.3% of gross domestic product (GDP) by end-year. It also adds that budget deficit is likely to increase as the 2010 election of the country approaches. In addition, Prime Minister Robert Fico assured that efforts will be made to limit deficit by public building sales and efficient tax collections.


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