Investor Presentaiton
14
FISCAL SPACE PROVIDED A POSSIBLITY FOR SIGNIFFICANT PUBLIC SUPPORT
PACKAGE
Extension of support measures from 2022 into 2023 and calibrating them to minimize the negative spill-overs
7.00%
Public support packages
(% of GDP, impact on budget balance)
Principles in calibrating the support measures, if needed
✓ All support measures - temporary.
6.00%
5.00%
4.00%
3.00%
2.00%
3.17%
1.00%
0.00%
2020
3.6%
6.26%
1.13%
2021
0.42%
2.04%
0.46%
0.31%
0.15%
2022
2023*
Energy compensation for housholds, social benefits
■Compensation of enegy prices for companies
■Covid support
Note: electricity related support that applies to both households and companies is split
equally among those categories
* As on 13.03.2023.
Source: Ministry of Finance; Data on June 16, 2023, the Treasury calculations
✓ As far as possible the support would be targeted to most
vulnearble households and companies
Targeted support
measures
■ The size of targeted measures
would be significant enough to
address the underplaying
challenges
Broad support
measures
To avoid socio-economic risks
and ensure preservance of
political stability
■ As small in size as possible to
minimize negative effects in
wage - inflation spiralView entire presentation