Coalition To Narrow Fiscal Deficit

August 2011
Emerging Europe Monitor: Central Europe & Baltic States;Aug2011, Vol. 18 Issue 8, p9
Country Report
The article presents an economic forecast in Slovakia specifically on the shrinkage of the fiscal deficit in 2011. The centre-right government has been observed for its effort to shrink the fiscal deficit to 5.4 percent of the gross domestic product (GDP) in 2011 from the 7.9 percent in 2010. The revenue has been projected to improve by five percent year-on-year due to the increased value added tax (VAT) rate and improvement of the economic outlook for households and companies.


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