Pellegrini Signed the Budget for 2027, the Deficit Is Expected to Reach Almost Five Percent of Gross Domestic Product
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President Peter Pellegrini of Slovakia signed the budget for the following year with a deficit of 4.94% of GDP, reported to the Slovak leader's office.
The state economy should reach a cash deficit of 7.754 billion euros, while the law on the state budget for 2027 was signed by Slovak President Peter Pellegrini on Wednesday. The post Pellegrini signed the budget for 2027: Fico's government plans to make a 7.4 billion ax was first displayed by interez.sk.
BRATISLAVA - Slovak President Peter Pellegrini signed the state budget law for 2027 on Wednesday. The budget projects a deficit of 7.443 billion euros next year, representing 4.94% of gross domestic product (GDP). In the next two years, it should gradually decrease to 4.5% and 4% of GDP.
Slovak President Peter Pellegrini signed the 2027 State Budget Act on Wednesday (October 28), as well as three other acts approved by members of the National Council of the Slovak Republic during the 61st parliamentary session. The key document defines the country's financial direction for the coming period, including the setting of public administration expenditures and consolidation.
Slovak President Peter Pellegrini signed the state budget law for 2027 on Wednesday. The budget envisages a deficit of 7.443 billion euros next year, which represents 4.94 percent of gross domestic product (GDP). In the next two years, it should gradually decrease to 4.5 percent and four percent of GDP....
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